Q. Would you support or oppose the following tax reforms to pay off debt and raise more funds for Government services and infrastructure?
Total support | Total oppose | Strongly support | Support | Oppose | Strongly oppose | Don’t know | Support Jul 2015 | Support Apr 2016 | ||||
Stop companies and wealthy people using legal loopholes in minimise tax payments by sending funds offshore | 85% | 6% | 62% | 23% | 3% | 3% | 8% | na | 86% | |||
Force multinational companies to pay a minimum tax rate on Australian earnings | 79% | 8% | 50% | 29% | 5% | 3% | 13% | 79% | 80% | |||
Introduce the “Buffett Rule” – which means that very high earners cannot reduce their income tax rate below 30%. | 71% | 11% | 40% | 31% | 8% | 3% | 18% | na | na | |||
Increase income tax rate for high earners | 64% | 21% | 31% | 33% | 14% | 7% | 15% | 63% | 65% | |||
Remove superannuation tax concessions for high earners | 58% | 27% | 29% | 29% | 15% | 12% | 16% | 59% | 62% | |||
Remove negative gearing | 41% | 30% | 18% | 23% | 19% | 11% | 28% | 37% | 39% | |||
Remove GST exemptions (e.g. on food, education) | 39% | 48% | 13% | 26% | 24% | 24% | 12% | 33% | 37% | |||
Replace stamp duty with land tax | 27% | 31% | 8% | 19% | 18% | 13% | 42% | 26% | 33% | |||
Increase the GST | 26% | 63% | 6% | 20% | 29% | 34% | 11% | 24% | 27% | |||
There was strong majority support for stopping companies and wealthy people using legal loopholes in minimise tax payments by sending funds offshore (85%), forcing multinational companies to pay a minimum tax rate on Australian earnings (79%), introducing the “Buffett Rule” (71%) and increasing income tax rate for high earners (64%).
There was strong majority opposition to increasing the GST (63%).
There has been little change in these figures since this question was previously asked in April last year.