Q. For each of the following proposals around tax reform, please indicate whether you strongly support, support, oppose or strongly oppose the suggestion.
|Total Support||Total Oppose||Strongly support||Support||Oppose||Strongly Oppose||Don’t know|
|Decreasing income tax for low income earners||81%||11%||34%||47%||8%||3%||7%|
|Improving tax breaks for small-medium business||76%||10%||20%||56%||7%||3%||13%|
|Increasing the mining tax||47%||37%||16%||31%||22%||15%||16%|
|Abolishing negative gearing on new property purchases||33%||37%||8%||25%||20%||17%||29%|
|Cutting the company tax rate||32%||41%||6%||26%||29%||12%||28%|
|Repealing the fringe benefits tax||30%||28%||7%||23%||19%||9%||42%|
|Increasing the carbon tax||19%||68%||5%||14%||21%||47%||13%|
|Introducing an inheritance tax||10%||75%||3%||7%||24%||51%||15%|
|Increasing the goods and services tax (GST)||9%||84%||1%||8%||31%||53%||7%|
Decreasing income tax for low income earners has the strongest support from respondents, with 81% either strongly supporting or supporting the suggestion. Improving tax breaks for small-medium business also attracted a similar amount of endorsement (76% total support).
Increasing the mining tax has a significant amount of support (47% total support).
Whilst the proposed reforms of abolishing negative gearing on new property purchases and cutting the company tax rate attracted a significant amount of support, more respondents are opposed to these measures than in favour of them: with 37% opposed to abolishing negative gearing and 41% opposed to cutting the company tax rate.
Strongest opposition is registered against the proposal to increase the GST, with 84% opposed to the idea and only 9% in favour of it. Introducing an inheritance tax is similarly unpopular (75% total opposed).
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