INDEPENDENT NEWS

No Tax Cuts At Cost Of Spending Cuts - Voters

Published: Mon 20 May 2024 11:34 AM
20 May 2024
Aotearoa’s voting public are not keen on massive cuts to public spending and services simply to fund government tax cuts.
That is a key take away from poll findings set to be presented by political scientist Dr Terence Wood tomorrow, Tuesday 21 May at an event hosted by Tax Justice Aotearoa.
The public opinion poll, commissioned by the Better taxes for a Better Future campaign, surveyed a representative sample of more than 1,000 New Zealanders prior to last year’s election.
Dr Terence Wood, Fellow at Australia National University’s Development Policy Centre, was one of the poll’s designers and is a Tax Justice Aotearoa board member. He has conducted an in-depth analysis of the results, published this week.
Dr Wood says one clear message from the poll data was that while New Zealanders might not like paying tax, very few wanted tax cuts if it meant cuts to essential spending.
“Only 2% of New Zealanders wanted public spending cut to fund tax cuts. More than that, only 10% of New Zealanders wanted public spending and taxes to stay at current levels,” Dr Wood says.
He says the appetite for spending cuts was low across the political spectrum.
“Only 12% of ACT voters with an opinion on the matter wanted spending on core services to be cut or stay the same.”
Dr Wood said the findings also showed a large majority of poll respondents wanted more affluent New Zealanders to pay more tax than they do at present.
“61% of respondents said they want a more progressive tax system.”
Dr Wood says he was particularly surprised to see support for progressive tax reform across the political spectrum.
“While support was higher for this on the left than on the right, about half of ACT voters wanted a more progressive tax system - and more than two thirds of New Zealand First voters who had an opinion said they wanted those at the top to pay more.”
Dr Wood says the other key point from the poll was just how open New Zealanders were to new forms of tax.
“Nearly 80% of New Zealanders want an excess profits tax - and while there was some uncertainty about a wealth tax, more than half of those surveyed favoured introduction of a wealth tax as part of a tax switch”.
Note: The Better taxes for a Better Future coalition is a grouping of more than 20 organisations committed to progressive tax reform and co-ordinated by Tax Justice Aotearoa.

Next in Business, Science, and Tech

Temporary Traffic Management Can’t Be The Scapegoat For Ineffective Systems And Planning
By: TTM ISG
‘Dark Oxygen’ Discovery Underlines Need To Stop Deep Sea Mining
By: Greenpeace
What Happens When The Global Banking System ‘Goes Down’?
By: Launch PR
First-of-its-kind HIV Cure Case Among Scientific Highlights At AIDS 2024
By: International AIDS Society
Further Sesame Seed Recalls Due To Salmonella Fears
By: New Zealand Food Safety
What is CrowdStrike Falcon and what does it do? Is my computer safe?
By: The Conversation
View as: DESKTOP | MOBILE © Scoop Media