Essential Report

Tax reforms

Jul 28, 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   Total supp. Mar 2015 Total opp. Mar 2015
Force multi-national companies to pay a minimum tax rate on Australian earnings 79% 9% 51% 28% 6% 3% 13% 76% 8%
Increase income tax rate for high earners 63% 24% 30% 33% 15% 9% 13% 65% 23%
Remove super-annuation tax concessions for high earners 59% 25% 30% 29% 15% 10% 17% 55% 25%
Remove negative gearing 37% 33% 17% 20% 18% 15% 31% 33% 30%
Replace stamp duty with land tax 26% 32% 7% 19% 20% 12% 42% 24% 34%
Remove GST exemptions (e.g. food) 33% 55% 14% 19% 24% 31% 14% 36% 51%
Increase the GST 24% 65% 6% 18% 29% 36% 11% 19% 70%

There was strong majority support for forcing multinational companies to pay a minimum tax rate on Australian earnings (79%), increasing income tax rate for high earners (63%) and removing superannuation tax concessions for high earners (59%).

There was strong majority opposition to increasing the GST (65%).

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