Essential: Labor winning tax debate and election

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Via The Guardian:

Voters are strongly in favour of the Turnbull government’s tax cut for low and middle income earners, but are considerably more cool on tax relief for high flyers, according to the latest Guardian Essential poll.

With the Senate set to resolve the fate of the package in the final two sitting weeks before the winter break, the fortnightly survey finds 79% of a sample of 1,027 voters support stage one of the income tax cuts, while only 37% support stage three, which involves flattening the tax scales so workers earning between $40,000 and $200,000 pay the same rate.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.