Browsing all articles tagged with tax

Q. Do you approve or disapprove of the proposed mining tax (called the Minerals Resource Rent Tax) on large profits of mining companies?

12 Jul 2010 5 Sep 2011 21 Nov 2011 Total Vote Labor Vote Lib/Nat Vote Greens
Total approve 50% 46% 51% 55% 80% 39% 74%
Total disapprove 28% 34% 33% 28% 7% 46% 12%
Strongly approve 13% 18% 18% 23% 46% 7% 44%
Approve 37% 28% 33% 32% 34% 32% 30%
Disapprove 18% 18% 20% 17% 6% 26% 9%
Strongly disapprove 10% 16% 13% 11% 1% 20% 3%
Don’t know 22% 19% 15% 17% 13% 14% 14%

Approval for the proposed mining tax has increased over the course of the last 6 months, rising 9 percentage points from 46% in September 2011 to 55% total approval in this week’s poll.

Labor voters are the most in favour of the proposed mining tax, with 80% in favour, followed by Greens voters (74% in favour).  The majority of Coalition voters remain opposed to the proposed tax, with 46% opposed and 39% in favour.

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Oct
3

Tax reform

Q.  For each of the following proposals around tax reform, please indicate whether you strongly support, support, oppose or strongly oppose the suggestion.

Total Support Total Oppose Strongly support Support Oppose Strongly Oppose Don’t know
Decreasing income tax for low income earners 81% 11% 34% 47% 8% 3% 7%
Improving tax breaks for small-medium business 76% 10% 20% 56% 7% 3% 13%
Increasing the mining tax 47% 37% 16% 31% 22% 15% 16%
Abolishing negative gearing on new property purchases 33% 37% 8% 25% 20% 17% 29%
Cutting the company tax rate 32% 41% 6% 26% 29% 12% 28%
Repealing the fringe benefits tax 30% 28% 7% 23% 19% 9% 42%
Increasing the carbon tax 19% 68% 5% 14% 21% 47% 13%
Introducing an inheritance tax 10% 75% 3% 7% 24% 51% 15%
Increasing the goods and services tax (GST) 9% 84% 1% 8% 31% 53% 7%

Decreasing income tax for low income earners has the strongest support from respondents, with 81% either strongly supporting or supporting the suggestion.   Improving tax breaks for small-medium business also attracted a similar amount of endorsement (76% total support).

Increasing the mining tax has a significant amount of support (47% total support).

Whilst the proposed reforms of abolishing negative gearing on new property purchases and cutting the company tax rate attracted a significant amount of support, more respondents are opposed to these measures than in favour of them: with 37% opposed to abolishing negative gearing and 41% opposed to cutting the company tax rate.

Strongest opposition is registered against the proposal to increase the GST, with 84% opposed to the idea and only 9% in favour of it.  Introducing an inheritance tax is similarly unpopular (75% total opposed).

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Q.  For each of the following proposals around tax reform, please indicate whether you strongly support, support, oppose or strongly oppose the suggestion.

Total Support Total Support – Labor Total Support – Lib/Nat Total Support – Greens
Decreasing income tax for low income earners 81% 85% 81% 81%
Improving tax breaks for small-medium business 76% 74% 85% 71%
Increasing the mining tax 47% 67% 35% 72%
Abolishing negative gearing on new property purchases 33% 37% 33% 38%
Cutting the company tax rate 32% 24% 43% 25%
Repealing the fringe benefits tax 30% 25% 40% 22%
Increasing the carbon tax 19% 29% 8% 60%
Introducing an inheritance tax 10% 14% 10% 18%
Increasing the goods and services tax (GST) 9% 7% 12% 12%

Labor voters are far more likely to support increasing the mining tax (47% total support) and increasing the carbon tax (29% total support).

Coalition voters are more likely to support improving tax breaks for small-medium business (85% total support), cutting the company tax rate (43% total support), repealing the fringe benefits tax (40% total support) and increasing the GST (12% total support).

Greens voters are the most likely to support increasing the mining tax (72%) and by far the most likely to support increasing the carbon tax (60% total support).  They are also more likely to support introducing an inheritance tax (18% total support) and increasing the GST (12% total support).

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Q. Do you think the Opposition Leader’s proposal to ditch the carbon tax but keep the personal tax cuts will -

Total Vote Labor Vote Lib/Nat Vote Greens
Help Australia’s economy 44% 19% 73% 11%
Hurt Australia’s economy 30% 58% 8% 67%
Don’t know 26% 24% 19% 22%

44% think Tony Abbott’s proposal to ditch the carbon tax but keep the tax cuts will help Australia’s economy and 30% think it will hurt the economy. Opinions were closely associated with voting intention – 73% of Liberal/National voters think it will help the economy while 58% of Labor voters and 67% of Greens voters think it will hurt the economy.

Those on higher incomes are more likely to think it will help the economy – 50% of those on $1,600+pw compared to only 39% of those earning less than $1,000pw.

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Q. If the Australian economy weakens and unemployment goes up would you approve or disapprove of the Government taking the following actions?

Total approve Total disapprove Strongly approve Approve Disapprove Strongly disapprove Don’t know
Reduce interest rates 79% 11% 32% 47% 8% 3% 11%$
Cut taxes for both individuals and businesses 61% 25% 16% 45% 21% 4% 14%
Cut taxes on low and middle income earners to help with cost of living while offsetting the revenue loss with a carbon tax on the 500 big polluters 61% 27% 26% 35% 15% 12% 12%
Introduce a mining tax on the big miners and use the money for govt. investment in infrastructure and social spending to stimulate the economy 58% 26% 24% 34% 16% 10% 16%
Cut taxes on lower and middle income earners to help with cost of living with no offsetting carbon tax on the 500 big polluters 51% 33% 15% 36% 24% 9% 16%
Cut taxes and cut Government investment in infrastructure and social spending 39% 43% 12% 27% 30% 13% 18%

Actions most approved were reduce interest rates (79% approve), cut taxes for both individuals and businesses (61%) and cut taxes on low and middle income earners to help with cost of living while offsetting the revenue loss with a carbon tax on the 500 big polluters (61%).

Cutting taxes while offsetting the revenue loss with a carbon tax was more popular than not offsetting the tax cuts with a carbon tax (61% to 51%).

The only action not approved by a majority was cutting taxes and investment in infrastructure and social spending (39% approve/43% disapprove). This was approved by 48% of Liberal/National voters but only 33% of Labor voters and 27% of Greens voters.

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Q. Do you support or oppose the Government’s proposal to introduce a carbon pricing scheme from 1 July 2012, which will require industries to pay a tax based on the amount of carbon pollution they emit?

7 March 14 March 28 March 18 April 23 May 30 May 14 June 11 July 18 July Vote Labor Vote Lib/Nat Vote Greens
Total support 35% 38% 34% 39% 41% 38% 38% 35% 39% 75% 14% 75%
Total oppose 48% 49% 51% 49% 44% 48% 49% 53% 49% 13% 79% 14%
Strongly support 9% 12% 12% 13% 14% 14% 13% 11% 15% 35% 1% 44%
Support 26% 26% 22% 26% 27% 24% 25% 24% 24% 40% 13% 31%
Oppose 19% 17% 19% 15% 15% 19% 19% 19% 16% 8% 22% 6%
Strongly oppose 29% 32% 32% 34% 29% 29% 30% 34% 33% 5% 57% 8%
Don’t know 18% 13% 15% 12% 15% 15% 13% 12% 12% 12% 7% 11%

39% (up 4%) support the Government’s proposed carbon pricing scheme and 49% (down 4%) oppose. It is supported by 75% of Labor voters and 75% of Greens voters but opposed by 79% of coalition voters. This represents an increase in support since the previous survey (conducted before the Government’s announcement) but is similar to the June results.

By age, those aged under 35 split 44% support/42% oppose, and those aged 55+ split 38% support/55% oppose.

For those who consider themselves very well or somewhat informed about the carbon pricing scheme, 44% support and 53% oppose.

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Q. Does the Government’s decision to exempt fuel from the carbon tax for households, trade and small business make you more or less likely to support a carbon tax or does it make no difference?

Total Vote Labor Vote Lib/Nat Vote Greens Men Women Age

18-34

Aged

35-54

Aged 55+
Total more likely to support 30% 50% 20% 44% 30% 31% 41% 26% 24%
Total less likely to support 11% 8% 11% 19% 14% 8% 12% 13% 10%
A lot more likely to support 7% 18% 2% 12% 9% 6% 8% 7% 6%
A little more likely to support 23% 32% 18% 32% 21% 25% 33% 19% 18%
A little less likely to support 6% 8% 5% 13% 7% 4% 8% 7% 5%
A lot less likely to support 5% * 8% 8% 7% 4% 4% 6% 5%
Makes no difference 52% 36% 66% 29% 50% 53% 37% 55% 63%
Don’t know 6% 6% 2% 5% 5% 7% 9% 6% 3%

More than half the respondents (52%) said the Government’s decision to exempt fuel from the carbon tax for households, trade and small business makes no difference to their support for the carbon tax. 30% say it makes them more likely to support the tax and 11% less likely.

Those more likely to support the tax were Labor voters (50%), Greens voters (44%) and people aged under 35 (41%).

Those most likely to say it makes no difference were Coalition voters (66%) and people aged 55+ (63%).

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Q. Do you support or oppose the Government’s recent announcement to introduce a carbon pricing scheme from 1 July 2012, which will require industries to pay a tax based on the amount of carbon pollution they emit?

7 March 14 March 28 March 18 April 23 May 30 May Total Vote Labor Vote Lib/Nat Vote Greens
Total support 35% 38% 34% 39% 41% 38% 38% 60% 19% 68%
Total oppose 48% 49% 51% 49% 44% 48% 49% 28% 72% 18%
Strongly support 9% 12% 12% 13% 14% 14% 13% 24% 3% 35%
Support 26% 26% 22% 26% 27% 24% 25% 36% 16% 33%
Oppose 19% 17% 19% 15% 15% 19% 19% 17% 20% 10%
Strongly oppose 29% 32% 32% 34% 29% 29% 30% 11% 52% 8%
Don’t know 18% 13% 15% 12% 15% 15% 13% 12% 9% 13%

38% support the Government’s proposed carbon pricing scheme and 49% oppose – no significant change since the question was asked in May. It is supported by 60% of Labor voters and 68% of Greens voters but opposed by 72% of coalition voters.

By age, those aged under 35 split 46% support/39% oppose, and those aged 55+ split 31% support/62% oppose.

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Q. Do you support or oppose the Government’s recent announcement to introduce a carbon pricing scheme from 1 July 2012, which will require industries to pay a tax based on the amount of carbon pollution they emit?

7 March 14 March 28 March 18 April 23 May 30 May Vote Labor Vote Lib/Nat Vote Greens
Total support 35% 38% 34% 39% 41% 38% 62% 17% 62%
Total oppose 48% 49% 51% 49% 44% 48% 22% 73% 23%
Strongly support 9% 12% 12% 13% 14% 14% 26% 4% 29%
Support 26% 26% 22% 26% 27% 24% 36% 13% 33%
Oppose 19% 17% 19% 15% 15% 19% 13% 23% 17%
Strongly oppose 29% 32% 32% 34% 29% 29% 9% 50% 6%
Don’t know 18% 13% 15% 12% 15% 15% 16% 11% 14%

38% support the Government’s proposed carbon pricing scheme and 48% oppose. Although a change from last week’s figures this is much the same as recorded in the April poll. It is supported by 62% of Labor and Greens voters but opposed by 73% of coalition voters.

By age, those aged under 35 split 44% support/35% oppose, and those aged 55+ split 33% support/58% oppose.

For those who believe that climate change is happening and is caused by human activity 60% support and 24% oppose. For those who believe that we may just be witnessing a normal fluctuation in the earth’s climate 13% support and 80% oppose

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Q. Do you think the Government should call an early election over the carbon tax?

28 March 31 May Vote Labor Vote Lib/Nat Vote Greens
Yes 40% 42% 15% 71% 18%
No 44% 42% 68% 19% 66%
Don’t know 17% 16% 17% 11% 16%

42% think the Government should call an early election over the carbon tax and 42% disagree. This is similar to the views recorded in the previous poll in March and is strongly associated with voting intention.

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Q. Thinking about Carbon Tax, how would you expect it will be paid? (This question has been commissioned by Network Ten)

Total Vote Labor Vote Lib/Nat Vote Greens Men Women Age

18-34

Aged

35-54

Aged 55+
Industries will have to absorb the costs 14% 17% 9% 22% 14% 13% 16% 14% 10%
Consumers will end up paying it because industry will increase prices 63% 54% 79% 40% 63% 63% 59% 65% 65%
Industries will pay and consumers will be compensated for any price increases 13% 17% 8% 32% 13% 13% 12% 11% 16%
Don’t know 10% 11% 4% 6% 10% 11% 13% 10% 8%

Nearly two thirds (63%) of respondents believe that consumers will end up paying the carbon tax because industry will increase prices – 14% think industries will have to absorb the costs and 13% think industries will pay but consumers will be compensated for price increases.

Greens voters are least likely to think that consumers will end up paying for it (40%). Otherwise perceptions are similar across demographic groups.

Of those who think consumers will end up paying, 30% support the scheme and 58% oppose.

Of those who think industry will absorb the costs, 74% support the scheme and 21% oppose.

Of those who think Industries will pay and consumers will be compensated, 74% support the scheme and 19% oppose.

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Essential Report

Two Party Preferred: 05 March 12

Labor
44+/- 0
Coalition

56+/- 0

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