Essential Media conducted a survey with 1000 respondents showing that a majority supported a reduction in company taxation. This included a majority of greens voters who are traditionally in favour of taxation increases on companies.
This survey indicates an overwhelming bipartisan consensus that the current company taxation rate in Australia is far too high.
The Australian Taxpayers' Alliance has written extensively on this matter, including a recent submission to increase productivity and economic growth. We have long argued that urgent reform is needed to stimulate business investment, raise the level of employment and wages and create a better business environment for companies, individuals and taxpayers.
For the full report, click here.