Q. And overall, how do you feel about the Government cutting income tax?
Total | Vote Labor | Vote Lib/Nat | Vote Greens | Vote other | Income less than $600 pw | $600-1,000 pw | $1,000-1,500 pw | $1,500-2,000 pw | Over $2,000 pw | |
I support the income tax cuts | 39% | 34% | 53% | 22% | 31% | 24% | 44% | 46% | 43% | 42% |
I would rather see the money used to reduce Government debt | 18% | 13% | 25% | 12% | 19% | 18% | 21% | 15% | 15% | 22% |
I would rather see the money used to reverse cuts to schools and hospitals | 30% | 42% | 14% | 52% | 35% | 46% | 26% | 32% | 29% | 22% |
Don’t know | 13% | 11% | 8% | 13% | 15% | 12% | 8% | 7% | 13% | 14% |
46% of incomes under $600 would rather the money be spent on schools and hospitals.
39% say they support the income tax cuts over paying off debt or funding schools and hospitals. 30% would rather the money spent of schools and hospitals and 18% would rather the money be used to reduce debt.
Further changes to incomes tax rates will mean that by 2024-25, workers will receive the following tax cuts –
FUTURE TAX CUTS | ||
INCOME | TAX CUT | WEEKLY |
$37k | $0 | |
$50k | $540 | $10.38 |
$87k | $540 | $10.38 |
$100k | $1,125 | $21.63 |
$120k | $2,025 | $38.94 |
$180k | $4,725 | $90.87 |
$200k+ | $7,225 | $138.94 |
Q. Do you agree or disagree with giving higher tax cuts to those on higher incomes?
Total | Vote Labor | Vote Lib/Nat | Vote Greens | Vote other | Income less than $600 pw | $600-1,000 pw | $1,000-1,500 pw | $1,500-2,000 pw | Over $2,000 pw | |
Total agree | 40% | 37% | 56% | 26% | 28% | 26% | 31% | 43% | 43% | 54% |
Total disagree | 44% | 48% | 32% | 59% | 60% | 57% | 52% | 47% | 42% | 31% |
Strongly agree | 9% | 12% | 11% | 7% | 3% | 7% | 8% | 13% | 4% | 14% |
Agree | 31% | 25% | 45% | 19% | 25% | 19% | 23% | 30% | 39% | 40% |
Disagree | 19% | 13% | 21% | 21% | 25% | 15% | 21% | 26% | 20% | 16% |
Strongly disagree | 25% | 35% | 11% | 38% | 35% | 42% | 31% | 21% | 22% | 15% |
Don’t know | 17% | 14% | 12% | 16% | 12% | 16% | 17% | 9% | 16% | 15% |
40% agree with giving higher tax cuts to those on higher incomes and 44% disagree.
Those most likely to agree were Liberal National voters (56%), incomes over $2,000pw (54%) and aged under 35 (54%).
Those most likely to disagree were Greens voters (59%) and incomes under $1,000pw (54%).