Tuesday, February 09, 2016

78% want corporations to pay a minimum tax rate.

Essential poll finds only 23% of voters support raising the GST, well behind the 78% who want to force multinationals to pay a minimum tax rate.

Increasing the GST remains voters’ most disliked change to the taxation system, a new poll shows, as the federal government abandons the idea and state premiers cancel a tax reform summit because they are not sure what they should be talking about.

A poll by Essential Media found only 23% of voters supported the idea of increasing the GST, way behind the 78% who back the idea of forcing multinationals to pay a minimum tax rate or the 58% who support removing superannuation tax concessions for high-income earners.

And, despite several months in which the federal government left a GST hike “on the table” and talked up the idea of using its revenue to deliver personal income tax cuts, the level of voter support in the poll remains unchanged since last July.

When asked what they thought the point of tax reform should be – what revenue from tax changes should be used for – 58% said “address the budget deficit” and 30% said “maintain services like hospitals and schools”.

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