Essential Report

Tax measures: by vote

Oct 18, 2016

Q. Would you support or oppose the following measures?

  Total  support Labor support Lib/Nat support Greens support other support
Cut corporate tax for small businesses with annual revenue/turnover of less than $2million (90% of trading companies). 60% 52% 72% 56% 61%
Cut corporate tax for larger companies, those with annual revenue/turnover of $2million or more (top 10% of trading companies). 20% 15% 31% 9% 20%
Change the definition of small business to give a tax cut to some companies with revenue of more than $2 million per year, putting them in the top 10% biggest (trading) companies in Australia. 26% 23% 37% 17% 24%

Cutting the corporate tax for small businesses with annual revenue/turnover of less than $2million (90% of trading companies) was popular amongst all four voting groups, with 72% of Lib/Nat voters, 56% of Greens, 52% of Labor voters and 61% of other voters supporting this measure.

The other two measures were less popular, even amongst Lib/Nat voters; just 31% support cut corporate tax for larger companies, those with annual revenue/turnover of $2million or more, and just 37% support changing the definition of small business to give a tax cut to some companies with revenue of more than $2 million per year.

COVID-19 RESEARCH

Read Essential's ongoing research on the public response to Covid-19.

Sign up for updates

Receive the Essential Report in your inbox.
  • This field is for validation purposes and should be left unchanged.