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Happy to pay more tax
Monday, 11 April 2016 17:12 | Written by Graham Young

Our report into Australian attitudes to taxation was launched today. The report can be downloaded by clicking here.

It is not good news for those who believe tax rates ought to be lower with more than 50% of respondents being prepared to pay more tax themselves - in some cases by an increase of more than 10%.

The study was based on responses from 1,568 members of our 13,000 strong online panel, which was then balanced to ensure it was politically representative.

CM 16 04 11We received coverage in the Courier Mail with a double page spread on pages 4 and 5. Findings of the report included:

  • Most significantly 56% said they were prepared to pay higher tax. While Greens (75%) were the most generous, even 46% of Liberal voters said they were prepared to pay more.
  • 48% of respondents were happy to pay more tax, while 47% wanted to pay the same or less. Those in favour of higher taxes ranged from 74% of Greens down to 33% of Liberals
  • As a percentage of GDP, 32% said we should pay more than at present (26% of GDP), suggesting a different attitude, 10% what we pay at present, 37% somewhere between (18% and 26%), with 12% for 18% of GDP or less. Again support for higher taxes was highest on the left.
  • When asked whether we should be more like particular countries, with the countries being linked to their tax rates, 23% opted to be like top-taxing Denmark, 21% thought the UK or NZ more appropriate models, 25% said we should stay the same, and 21% thought we should be more like Hong Kong.
  • 44% thought that assets in superannuation should be capped, but only 34% thought super payouts should not be able to be taken as a lump sum.
  • There was not much enthusiasm to changes to company tax with 23% thinking it should be higher and 27% lower, with 40% looking for it to be maintained at current rates.

Download the report by clicking here.

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Comments   

 
0 #1 RE: Happy to pay more tax — Referundemdrivensoci 2016-05-02 20:56
Why do I get the impression most respondents polled are from the business community?

Propose a tax on share trades and see what happens then.


How much does the ASX turnover? how much is 10% of that?

Why would there then be a need to extend the GST to many items currently exempted.
 
 
0 #2 need a job first — Chaftad 2016-07-20 08:24
Job situation is worse this year and quite probably the worst I have seen for the last 10 years and it is not looking any better after this so called election Australia has just gone through.

Turnbull has not got the politicians with any respect at all to help him out for the next 3 years as the job crisis deepens.

Biggest laugh I had was when I saw that Pyne was in-charge of building the upside down steel canoes in South Australia and I wonder whose electorate that is.

Lets face it voters we stuffed up and are stuck with this bunch of incompetent icons of our political scene with the usual pack of politicians.

Why don't you wake up to the fact that they are only there as it is a job for life and like the lechers they are they suck our tax money off to pay for their time in Canberra.

Time for a change Australia and this government is not the way to go.