Essential Report

Deficit Levy

May 23, 2017

Q. Last week’s Federal Budget contained the removal of the “deficit levy” of 2% of earnings above $180k per year. This would lower the top tax bracket from 49% to 47%. Do you approve of this measure?

  Total   Vote Labor Vote Lib/Nat Vote Greens Vote other
Total approve 24%   19% 36% 13% 24%
Total disapprove 39%   46% 26% 53% 47%
Strongly approve 6%   3% 10% 5% 10%
Approve 18%   16% 26% 8% 14%
Neither approve nor disapprove 21%   21% 26% 12% 17%
Disapprove 21%   22% 19% 26% 21%
Strongly disapprove 18%   24% 7% 27% 26%
Don’t know 17%   14% 12% 23% 12%

 

39% disapprove of the measure to remove the deficit levy, and only 24% approved. Those most likely to disapprove of the measure were Greens voters (53% disapprove), those aged 65+ (49%), and West Australians (48%). Those most likely to approve were Liberal/National voters (37% approve) and those earning over $104k per year (29%).

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