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 5.1k Labor voters.
14% Yes |
86% No |
11% Yes |
69% No |
3% Yes, this will help grow the economy and encourage foreign investment |
11% No, these tax cuts will only benefit higher income citizens |
6% No, not until we reduce our national debt |
Trend of support over time for each answer from 5.1k Labor voters.
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Trend of how important this issue is for 5.1k Labor voters.
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Unique answers from Labor voters whose views went beyond the provided options.
@9ZR2LN54mos4MO
All taxes should be lowered except for sales tax, tariffs and taxes on non Commonwealth realm companies
@9N9NYLW10mos10MO
Not for now, we should however be creative with our taxation rather than focusing on taxing on Income and Profit
@8V26KF54yrs4Y
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.
@92KKB7V3yrs3Y
My knowledge of that matter isn't developed enough to have an opinion.
@8Y7BS493yrs3Y
Malcolm Turnbull is no longer relevant and has been removed...thankfully
@92DNJGB3yrs3Y
Yes, as long as tax evasion is ended.
@8VZJKF84yrs4Y
I don't have enough knowledge on this topic to have an opinion.
@93P824Y3yrs3Y
No, corporate tax should remain the same until the national debt is significantly reduced
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