Q. Would you support or oppose the following measures to cut Government spending?
Total support | Total oppose | Strongly support | Support | Oppose | Strongly oppose | Don’t know | ||
Not providing company tax cuts for large business | 60% | 22% | 26% | 34% | 15% | 7% | 18% | |
Tightening negative gearing and capital gains tax concession for investors | 50% | 24% | 18% | 32% | 16% | 8% | 25% | |
Preventing income splitting in family trusts | 42% | 22% | 14% | 28% | 16% | 6% | 35% | |
Limiting tax credits on investments to people who pay tax | 42% | 27% | 12% | 30% | 18% | 9% | 32% | |
Cutting spending on government agencies like ASIC | 36% | 39% | 11% | 25% | 26% | 13% | 24% | |
Cutting spending on the ABC | 35% | 45% | 14% | 21% | 23% | 22% | 20% |
There was majority support for not providing tax cuts for large business (60%) and for tightening negative gearing and tax concessions for investors (50%). Respondents were also more likely to support preventing income splitting in family trusts (42% support/22% oppose) and limiting tax credits on investments to people who pay tax (42%/27%).
They were split on cutting spending on government agencies like ASIC (36%/39%) and more likely to oppose cutting spending on the ABC (35%/45%).