Polling – Stage 3 income tax cuts
Media release
Responsible Economic Management Trumps ‘Broken Election Promise’: Stage 3 Tax Cuts Research
Key results
The Australia Institute surveyed a nationally representative sample of 1,409 Australians about their views on the stage 3 income tax cuts. The results show that the stage 3 tax cuts are not widely supported.
• Respondents were most likely to correctly identify that high income earners would benefit most from stage 3 income tax cuts (46%).
• Almost twice as many Australians support the Labor Government repealing stage 3 income tax cuts (41%) than oppose (22%).
• More Labor (43%), Greens (54%) and Independent/Other (46%) voters support the Labor Government repealing stage 3 income tax cuts than Coalition (35%) or One Nation (19%) voters.
• A majority of Australians (61%) think that adapting economic policy to suit the changing circumstances, even if that means breaking an election promise, is more important than keeping an election promise regardless of how economic circumstances have changed.
• Just 15% of Australians say proceeding with stage 3 income tax cuts is better for Australia’s long term national interests than increased spending on health and education, or increased defence spending.
• When asked how the Federal Government should fund the expansion of aged care, childcare, the NDIS and defence services, collecting more tax revenue was the single most popular choice for Labor and Greens voters. Cutting spending on other public services was the single most popular choice for Coalition, One Nation and Independent/Other voters.