Australians support tax increases to pay for health and education
A new report by The Australian National University (ANU), has found Australians are willing to pay for health and education. But the ‘Tax and Equity in Australia: What Australians Want’ report found Australians are divided on the importance of government debt, with just less than half believing it to be the most important economic issue facing Australia. It also found people prefer the government to spend more on social services rather than cut personal taxes. When it comes to lowering debt, 37 per cent of people prefer non-welfare spending cuts, while 25 per cent support a higher GST with compensation for low income earners. Australians also think companies don’t pay enough tax, with 90 per cent of people feeling that way about international companies, and 80 per cent about Australian companies.