Tax reforms

Mar 31, 2015

Q. Would you support or oppose the following tax reforms to raise more funds for Government services and infrastructure?

  Total support Total oppose   Strongly support Support Oppose Strongly oppose Don’t know
Force multinational companies to pay a minimum tax rate on Australian earnings 76% 8% 43% 33% 5% 3% 15%
Increase income tax rate for high earners 65% 23% 27% 38% 17% 6% 12%
Remove superannuation tax concessions for high earners 55% 25% 26% 29% 17% 8% 20%
Remove negative gearing 33% 30% 12% 21% 18% 12% 37%
Replace stamp duty with land tax 24% 34% 4% 20% 19% 15% 43%
Remove GST exemptions (e.g. food) 36% 51% 15% 21% 25% 26% 13%
Increase the GST 19% 70% 4% 15% 33% 37% 11%
Tax on inheritances from wills 13% 74% 3% 10% 31% 43% 13%

There was strong majority support for forcing multinational companies to pay a minimum tax rate on Australian earnings (76%), increasing income tax rate for high earners (65%) and removing superannuation tax concessions for high earners (55%).

There was strong majority opposition to a tax on inheritances from wills (74%) and increasing the GST (70%).

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