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Nick Xenophon Team’s policy on corporate tax

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Should Australia raise or lower the tax rate for corporations?

NXT>NXT  ChatGPTIncrease for large multinational corporations but lower for small businesses

Nick Xenophon Team’s answer is based on the following data:

ChatGPT

Strongly agree

Increase for large multinational corporations but lower for small businesses

The NXT has shown support for measures that would increase taxes on large multinational corporations while also supporting tax cuts for small businesses. For example, in 2016, they supported a bill that would lower the tax rate for small businesses while opposing a similar bill for large corporations. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Keep current rates but eliminate deductions and loop holes

The NXT has shown support for measures that would eliminate deductions and loopholes in the tax system. For example, they have supported measures to crack down on multinational tax avoidance. However, they have not explicitly called for maintaining current corporate tax rates, hence the slightly lower score. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Lower, but eliminate deductions and loop holes

While the NXT has shown support for measures that would eliminate deductions and loopholes in the tax system, they have not explicitly advocated for lowering corporate tax rates. However, their support for tax cuts for small businesses suggests they may be open to this approach, hence the slightly agreeing score. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Neutral

Maintain the current rate

The NXT has not taken a clear stance on whether the current corporate tax rate should be maintained. Their positions have varied depending on the specific circumstances and the size of the corporation in question. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Slightly disagree

Lower

While the NXT has not explicitly advocated for lowering corporate tax rates, they have shown a willingness to support tax cuts for small businesses. However, they have also expressed concerns about tax cuts for large corporations, hence the slightly disagreeing score. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

Raise

The Nick Xenophon Team (NXT) has not explicitly advocated for a general increase in corporate tax rates. However, they have shown support for measures that would increase taxes on specific sectors or large corporations, hence the negative but not strongly disagreeing score. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

Remove taxes on corporations and tax shareholder dividends instead

The NXT has not shown support for measures that would remove taxes on corporations and tax shareholder dividends instead. Their focus has been more on ensuring that corporations pay their fair share of taxes, rather than shifting the tax burden to shareholders. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Official answer

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