Majority of Australians back scrapping Stage 3 tax cuts: poll

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Majority of Australians back scrapping Stage 3 tax cuts: poll
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The controversial tax cuts - due to come into effect in July 2024 - have been criticised for overwhelmingly benefiting high-income earners, and not being economically viable.

, conducted by The Australia Institute, found 37 per cent of people support the government repealing the cuts, while 24 per cent oppose and 39 per cent remain unsure.

The cuts are the third phase of the former Coalition government's tax plan and will reduce the tax rate for all Australians earning between $45,000 and $200,000 to 30 per cent. The Greens and the Crossbench have urged the Albanese government to reconsider the final stage citing they were no longer economically viable.

After being informed of the costs and who benefitted, only 17 per cent were in favour of retaining them, while 25 per cent supported scrapping them.

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