Abacus asks Canadians how they feel about the corporate tax rate.
Once respondents were made aware of Canada’s tax position relative to the United States, Germany, Japan, and Britain, two statements were presented – the federal government’s argument and the opposition parties’ argument. “This finding suggests that as Canadians become aware of how low Canada’s tax rates are compared to other countries, it becomes more difficult to convince them to support them.”
“Right now, public opinion is firmly aligned with the opposition parties,” said Coletto. “Only 21% of respondents buy the job creation argument when given the alternative to spend more on health care or to reduce the deficit.” The survey then asked Canadians if they support or oppose the government’s plan to continue with the corporate tax cuts. In total, 52% strongly or somewhat oppose the government’s plan, while 26% support or strongly support it.