Opposition to the massive reform package pushed by President José Antonio Kast's administration has risen to 51% in the latest Plaza Pública Cadem poll, according to latercera.com.
Discontent with the package of measures saw a four-point increase compared to the previous measurement. Conversely, support for the initiative dropped six points, falling to 41%.
The consultancy's sample included 1,003 respondents surveyed this week.
Opposition to tax cuts
A central pillar of the proposal is the reduction of the first-category corporate tax, which aims to lower the rate from 27% to 23%. However, 51% of those surveyed expressed support for maintaining the current rate, even if it means the country continues to grow at around 2% annually.
Resistance to the tax reduction is most pronounced among certain demographics. Women lead the opposition at 58%, while young people between the ages of 18 and 34 show a 61% disagreement rate.
Political trends also show a clear divide. 91% of those identifying with the left reject the measure, and disapproval rises to 93% among voters of Jeannette Jara.
Additionally, 56% of those who stated they did not vote expressed opposition to the tax cut.
At the other end of the spectrum, 44% of respondents supported the tax reduction despite the potential for lower tax revenue in the short term. This support comes primarily from men (53%), people over the age of 55 (58%), and right-wing sectors (81%), including 79% of those who voted for Kast.
Skepticism over economic impact
The survey also addressed the level of confidence regarding the potential effects of the Executive's project. 70% of respondents have little to no confidence that the initiative will succeed in improving wages across the country.
Regarding the cost of living, 69% of those surveyed do not believe the massive reform will have any effect on reducing it.
