Sadiq Khan’s Policies on Economic Issues

the Economy › Taxes

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

Sadiq Khan voterbaseYes

the Economy › Minimum Wage

Should the government raise the national minimum wage?

Sadiq Khan voterbaseYes

the Economy › Tax Evasion

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

Party’s support baseYes

the Economy › Tax Rate

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

Party’s support baseYes

the Economy › Government Spending

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

Sadiq Khan voterbaseNo

the Economy › Mansion Tax

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

Party’s support baseYes

the Economy › Welfare

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

Party’s support baseFewer

the Economy › Corporate Tax

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

Party’s support baseRaise

the Economy › Inheritance Tax

Should the government abolish the inheritance tax?

Party’s support baseNo

the Economy › Free Trade

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

Party’s support baseYes, but only if strong protections for our national resources and workers are enacted with each trade deal

the Economy › Child Benefit

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

Sadiq Khan voterbaseNo

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 › Universal Basic Income

Do you support a universal basic income program?

Sadiq Khan voterbaseYes

the Economy › Bonus Cap

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

Party’s support baseYes

the Economy › Four-day Workweek

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

Party’s support baseYes

the Economy › Welfare Drug Testing

Should welfare recipients be tested for drugs?

Sadiq Khan voterbaseNo

the Economy › 32-Hour Work Week

Do you support a 32-hour work week?

Sadiq Khan voterbaseYes

the Economy › Labor Unions

Do you believe labor unions help or hurt the economy?

Sadiq Khan voterbaseHelp

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 baseNo

the Economy › Bedroom Tax

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

Sadiq Khan voterbaseNo

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 › Tariffs

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

Party’s support baseNo

the Economy › Buy to Let

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

Party’s support baseNo

the Economy › Free Broadband

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

Sadiq Khan voterbaseYes

the Economy › Government Pensions

Should pension payments be increased for retired government workers?

Party’s support baseYes

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’s support baseYes

the Economy › Transatlantic Trade and Investment Partnership

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

Party influenceNo, this will incentivise companies to move jobs out of the country

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, it provides too high of risk for criminal activity

the Economy › Cryptocurrency

Should the government classify cryptocurrencies as legal forms of payment?

Party’s support baseNo

the Economy › Gig worker tax reporting

Should online payment platforms be forced to report all transactions over $600 to the IRS?

Party’s support baseNo

Sadiq Khan