Essential Report

Tax Policy

Feb 26, 2019

Q. From what you know, which of the following tax policies would you be more likely to support?

  Total Male Female 18-34 35-54 55+
Cut corporate tax and maintain tax concessions for investors and retirees 27% 32% 22% 20% 25% 35%
Close tax concession and loopholes and insert the money into schools, hospitals and other social programs 53% 51% 54% 57% 54% 48%
Unsure 20% 17% 24% 23% 21% 17%

Over half of respondents said they would be more likely to support the closing of tax concessions and loopholes, including a majority of males, females, and all age groups except for overs 55’s (though 48% of this age group supported still supported the measure, as opposed to the 35% who supported maintain tax concession for investors and retirees.

  Total Labor Liberal + National Greens NET: Other
Cut corporate tax and maintain tax concessions for investors and retirees 27% 15% 46% 17% 26%
Close tax concession and loopholes and insert the money into schools, hospitals and other social programs 53% 69% 35% 63% 54%
Unsure 20% 16% 19% 20% 20%

 The closing of tax concessions and loopholes was very strongly preferred by Labor voters (69% prefer) and Greens voters (63% prefer), though more Coalition voters supported the alternative measures of cutting corporate tax and maintaining tax concessions, with only 35% supporting closing concession and loopholes.

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