Tax cuts

Jun 19, 2018

Q. Do you support or oppose the following Government proposals for tax cuts?

  Total support Total

oppose

  Strongly support Support Oppose Strongly oppose Don’t know
A tax cut of $530 for middle and lower income earners from next year. 79% 9%   35% 44% 6% 3% 12%
Changing the tax rates so that workers earning between $40,000 and $200,000 pay the same rate of tax 37% 47%   12% 25% 28% 19% 16%
Cutting the tax rate for businesses from 30% to 25% estimated to cost $65 billion over the next 10 years 39% 39%   12% 27% 21% 18% 23%

 

There was strong support (79%) for the proposed tax cut of $530 for middle and lower income earners from next year.

However, respondents were more likely to oppose changing the tax rates so that workers earning between $40,000 and $200,000 pay the same rate of tax (37% support/47% oppose). Full-time workers were split on this (45% support/43% oppose) while part-time workers were strongly opposed (29% support/56% oppose). All income groups were more likely to be opposed except for those earning over $2,000 pw who were split 47% support/42% oppose.

Respondents were evenly divided over cutting the tax rate for businesses (39% support/39% oppose). Liberal National voters tended to support this (56% support/28% oppose) while Labor voters were more likely to be opposed (29% support/51% oppose).