Tax Cuts Not A Priority For Many: Survey

Just one in five Australians consider bringing forward already legislated personal income tax cuts as a priority for when Treasurer Josh Frydenberg hands down his budget on October 6.

Instead, a new survey has found a greater number (30 per cent) want to see income support like the JobSeeker dole payment boosted.

The Australian Institute survey of 1017 respondents also found just over a quarter (26 per cent) want the government to spend on infrastructure and government services, 030-333 Dumps 2020 like health and education.

A mere 12 per cent thought the budget should be focused on decreasing the deficit.

The federal government has flagged it is considering bringing forward tax cuts that are due in 2022.

Another stage is due in 2024.

It has also said infrastructure spending will be part of the mix in the budget, which was delayed from its traditional May release due to the pandemic.

The institute's executive director Ben Oquist said its research shows that bringing forward income tax cuts is not the priority for voters right now.

"Not only would tax cuts miss the mark when it comes to economic stimulus, we now see that they aren't even broadly supported as a priority by Australian voters," Mr Oquist said.

"There is mounting evidence that income tax cuts that disproportionately favour wealthier Australians are more likely to be saved than spent, rendering their economic stimulatory impact minimal."