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Australians reject Hockey’s tax plan

AAP

AAP

Australians overwhelmingly oppose the vision of taxation reform put forward by Joe Hockey in his taxation discussion paper yesterday, according to an Essential poll.

Mr Hockey yesterday outlined a vision of lower income and corporation taxes, and an increase in the Goods and Services Tax (GST).

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But in so doing, Mr Hockey appears to have again alienated the majority of the Australian population.

The Essential report found 76 per cent of respondents support taxing multinational companies more, not less; while 65 per cent support increasing the income tax for income earners.

At the other end of the scale, 70 per cent oppose an increase in the GST – a regressive tax which opponents say unfairly targets lower income earners.

Mr Hockey’s first budget attracted a groundswell of opposition for the way it targeted lower income Australians. The tax white paper suggests he will face a similar problem when trying to sell his tax reforms.

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