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.
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 |
See how support for each position on “Turnball Tax Cut” has changed over time for 18.5k Australia voters.
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See how importance of “Turnball Tax Cut” has changed over time for 18.5k Australia voters.
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Unique answers from Australia users whose views extended beyond the provided choices.
@96FVK5J2yrs2Y
No, set a flat tax of 20%
@97TH62W1yr1Y
Crackdown on evasions, deductions and loopholes first.
@93P824Y2yrs2Y
No, corporate tax should remain the same until the national debt is significantly reduced
@ISIDEWITH1yr1Y
Yes, as long as spending is cut even more
@92YQLJC2yrs2Y
isn't MT's opinion necessary.
@92SZ42J2yrs2Y
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.
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