Luisa Porritt’s Policies on Economic Issues

the Economy › Taxes

Should the U.K. raise taxes on the rich?

Luisa Porritt voterbaseYes

the Economy › Minimum Wage

Should the government raise the national minimum wage?

Luisa Porritt voterbaseYes, and make it a living wage

the Economy › Tax Evasion

Should the government prosecute people who avoid paying taxes by hiding money in foreign bank accounts?

Party’s support baseYes, we should strongly disincentivise those who move money out of the country

the Economy › Tax Rate

Should the top tax rate of income over £150,000 be raised to 50 percent?

Party’s support baseNo, but eliminate tax loopholes for top earners

the Economy › Government Spending

Should the government make cuts to public spending in order to reduce the national debt?

Party’s support baseNo, focus on ending tax evasion instead

the Economy › Mansion Tax

Should homeowners pay higher taxes on "mansions" valued over £2m?

Luisa Porritt voterbaseYes

the Economy › Welfare

Should there be fewer or more restrictions on current welfare benefits?

Party influenceFewer, and ensure benefits go to those that need it most

the Economy › Corporate Tax

Should the U.K. raise or lower the tax rate for corporations?

Luisa Porritt voterbaseRaise

the Economy › Free Trade

Should the U.K. pursue free trade deals with other countries?

Party’s support baseYes, but only with nations that adhere to strict human rights policies

the Economy › Inheritance Tax

Should the government abolish the inheritance tax?

Party’s support baseNo, but increase the tax-free allowance

the Economy › Child Benefit

Should child benefits be restricted to a maximum of two children?

Party influenceNo, but replace with a Citizens Income

the Economy › Universal Basic Income

Do you support a universal basic income program?

Luisa Porritt voterbaseYes

the Economy › Young Benefit Claimants

Should 18-21 year olds take on unpaid community work in order to claim benefits?

Party’s support baseYes, but lower the 30hr minimum to allow more time to look for a job

the Economy › Bonus Cap

Should bankers’ bonuses be capped at 100% of their pay?

Party’s support baseYes, and lower the cap to 50%

the Economy › Welfare Drug Testing

Should welfare recipients be tested for drugs?

Party’s support baseNo

the Economy › Four-day Workweek

Should the United Kingdom transition to a four-day workweek?

Party’s support baseYes, and require overtime pay for work over four days per week

the Economy › 32-Hour Work Week

Do you support a 32-hour work week?

Luisa Porritt voterbaseYes

the Economy › Labor Unions

Do you believe labor unions help or hurt the economy?

Party’s support baseHelp, in theory but have recently become corrupt and should have their powers limited

the Economy › Economic Stimulus

Should the government use economic stimulus to aid the country during times of recession?

Party’s support baseYes

the Economy › Offshore Banking

Should citizens be allowed to save or invest their money in offshore bank accounts?

Party’s support baseYes, as long as offshore income is reported

the Economy › Domestic Jobs

Should the government provide tax incentives to private companies to keep jobs within the country?

Party’s support baseYes

the Economy › Bedroom Tax

Should tenants receive less benefits if they live in a housing association or council property with more bedrooms than occupants?

Party influenceNo

the Economy › Tariffs

Should the government add or increase tariffs on products imported into the country?

Party’s support baseNo

the Economy › State Ownership

Should the government acquire equity stakes in companies it bails out during a recession?

Party’s support baseYes, the government should receive equity for any financial aid they provide to companies

the Economy › Free Broadband

Should the government provide free broadband to all UK homes and businesses?

Party’s support baseNo

the Economy › Buy to Let

Should mortgage lenders be allowed to provide buy-to-let mortgage loans?

Party’s support baseYes

the Economy › Government Pensions

Should pension payments be increased for retired government workers?

Party influenceYes, adjust them yearly for cost of living

the Economy › Non-Domicile Rule

Should the government abolish the non-domicile rule which allows residents to limit the tax paid on earnings outside the UK?

Party influenceNo

the Economy › Transatlantic Trade and Investment Partnership

Do you support the Transatlantic Trade and Investment Partnership (TTIP)?

Party’s support baseYes

the Economy › Surcharge Ban

Should the government ban surcharges tacked onto concert tickets, cable bills, banking services, hotel bookings and other purchases?

Party’s support baseYes

the Economy › Bitcoin

Should the government classify Bitcoin as a legal currency?

Party’s support baseNo, and it has no intrinsic value

the Economy › Decentralised Finance

Should the technology of our financial system transition to a decentralized protocol, that is not owned or controlled by any corporation, similar to the internet?

Party’s support baseNo

the Economy › Cryptocurrency

Should the government classify cryptocurrencies as legal forms of payment?

Party’s support baseNo

the Economy › Stock Buybacks

Should the government tax stock buybacks?

Party’s support baseNo

Luisa Porritt