In June 2016, Malcolm Turnbull proposed a 10 year $50 billion corporate tax cut. If re-elected, Turnbull would reduce the tax rate on companies who earn less than $10 million by 1% to 27.5%. The following year the tax cut would apply to companies who earn less than $25m. Turnbull plans to pay for the cuts by reducing the number of superannuation tax concessions.
Statistics are shown for this demographic
Response rates from 19k Australia voters.
27% Yes |
73% No |
23% Yes |
60% No |
4% Yes, this will help grow the economy and encourage foreign investment |
8% No, these tax cuts will only benefit higher income citizens |
5% No, not until we reduce our national debt |
Trend of support over time for each answer from 19k Australia voters.
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Trend of how important this issue is for 19k Australia voters.
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Unique answers from Australia voters whose views went beyond the provided options.
@9ZR2LN51mo1MO
All taxes should be lowered except for sales tax, tariffs and taxes on non Commonwealth realm companies
@9N9NYLW7mos7MO
Not for now, we should however be creative with our taxation rather than focusing on taxing on Income and Profit
@92KKB7V3yrs3Y
My knowledge of that matter isn't developed enough to have an opinion.
@8V26KF53yrs3Y
No, because the tax cuts are beneficial on an aggregate scale, but are easy for loopholes and not beneficial and inclusive of other lower income workers.
@92SZ42J3yrs3Y
It is unfair to assume that all small businesses turnover $50 million dollars. There should be a 10% corporate tax on MICRObusinesses that have a turnover of less than $500,000.
@92DNJGB3yrs3Y
Yes, as long as tax evasion is ended.
@8Y22ZR43yrs3Y
Only if we have a dinner with him.
@8VZJKF83yrs3Y
I don't have enough knowledge on this topic to have an opinion.
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