Essential Report

Preferred tax plans

Jun 19, 2018

Q. The Government’s budget proposes to provide a tax cut of $530 for middle and lower income earners from next year, and then in seven years change the tax rates so that workers earning between $40,000 and $200,000 pay the same rate of tax. Labor proposes to provide a larger tax cut of $928 for middle and lower income earners, and ask those in the top tax bracket to pay a little more to help reduce the deficit. Which of these proposals do you prefer?

  Total   Vote Labor Vote Lib/Nat Vote Greens Vote other   May 2018
The Government proposal 29%   12% 53% 18% 27%   33%
The Labor proposal 50%   76% 30% 65% 52%   45%
Don’t know 21%   12% 17% 17% 21%   22%

50% prefer the Labor tax plan and 33% the Government’s plan.

All income groups strongly favour the Labor plan. Even those earning more than $2,000 pw favour then Labor plan 50% to 36%.

Since this question was asked last month there has been a considerable shift in favour of the Labor plan.

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