Alba Party’s platform and policies on Economic Issues

the Economy › Taxes

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

ChatGPTNo, but lower taxes for the poor

the Economy › Minimum Wage

Should the government raise the national minimum wage?

ChatGPTYes, 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?

ChatGPTYes, and fine them double the amount they avoided paying

the Economy › Inflation

Has the government done enough to lower inflation?

ChatGPTNo

the Economy › Corporate Tax

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

ChatGPTIncrease for large multinational corporations but lower for small businesses

the Economy › Mansion Tax

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

ChatGPTYes, this will help reduce wealth inequality in the UK

the Economy › Government Spending

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

ChatGPTNo, increase taxes on large multinational corporations instead

the Economy › Welfare

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

ChatGPTFewer, and ensure benefits go to those that need it most

the Economy › Inheritance Tax

Should the government abolish the inheritance tax?

ChatGPTNo, reform so the tax rate is based on the wealth of the recipient rather than the deceased

the Economy › Four-day Workweek

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

ChatGPTYes, and require overtime pay for work over four days per week

the Economy › Tax Rate

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

ChatGPTNo, but eliminate tax loopholes for top earners

the Economy › Child Benefit

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

ChatGPTNo

the Economy › Universal Basic Income

Do you support a universal basic income program?

ChatGPTYes, everyone should receive an income to cover basic necessities including food and housing

the Economy › 32-Hour Work Week

Do you support a 32-hour work week?

ChatGPTYes

the Economy › CEO Pay Cap

Should the government enforce a cap on CEO pay relative to the pay of their employees?

ChatGPTYes

the Economy › Free Trade

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

ChatGPTYes, but only with nations that adhere to strict human rights policies

the Economy › Bonus Cap

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

ChatGPTYes

the Economy › Welfare Drug Testing

Should welfare recipients be tested for drugs?

ChatGPTNo, this is a waste of time and money

the Economy › Labor Unions

Do you believe labor unions help or hurt the economy?

ChatGPTHelp

the Economy › Private Equity Compensation

Should the government increase taxes on private equity executives?

ChatGPTYes

the Economy › Young Benefit Claimants

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

ChatGPTNo

the Economy › Economic Stimulus

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

ChatGPTYes, but in the form of assisting sectors most heavily hit by the recession

the Economy › Offshore Banking

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

ChatGPTNo, too many wealthy citizens are abusing loopholes in offshore banking laws to evade taxes

the Economy › Free Broadband

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

ChatGPTYes, only 7% of households in the UK have access to full-fiber broadband

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?

ChatGPTYes

the Economy › Bedroom Tax

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

ChatGPTNo

the Economy › Domestic Jobs

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

ChatGPTYes

the Economy › Pensioners Tax Cuts

Should pensioners receive a tax cut of 300 pounds per year?

ChatGPTYes

the Economy › Buy to Let

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

ChatGPTYes, but reduce tax evasion by landlords

the Economy › Government Pensions

Should pension payments be increased for retired government workers?

ChatGPTYes, adjust them yearly for cost of living

the Economy › Tariffs

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

ChatGPTNo, a global free trade system is better for our businesses and consumers

the Economy › Surcharge Ban

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

ChatGPTYes, all costs for a service should be included in the final purchase price

the Economy › Public Sector Borrowing

Should the government reduce public sector borrowing?

ChatGPTNo

the Economy › State Ownership

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

ChatGPTYes, the government should receive equity for any financial aid they provide to companies

the Economy › Transatlantic Trade and Investment Partnership

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

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

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?

ChatGPTYes, but I would prefer if the protocol was created and secured by a government agency instead of a decentralised protocol

the Economy › Cryptocurrency

Should the government classify cryptocurrencies as legal forms of payment?

ChatGPTNo, but the government should create an official digital currency

the Economy › Stock Buybacks

Should the government tax stock buybacks?

ChatGPTYes, but I would prefer if they were banned

Alba Party

Alba Party’s policies on economic issues

Topics

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

Should the government raise the national minimum wage?

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

Has the government done enough to lower inflation?

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

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

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

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

Should the government abolish the inheritance tax?

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

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

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

Do you support a universal basic income program?

Do you support a 32-hour work week?

Should the government enforce a cap on CEO pay relative to the pay of their employees?

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

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

Should welfare recipients be tested for drugs?

Do you believe labor unions help or hurt the economy?

Should the government increase taxes on private equity executives?

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

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

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

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

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

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

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

Should pensioners receive a tax cut of 300 pounds per year?

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

Should pension payments be increased for retired government workers?

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

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

Should the government reduce public sector borrowing?

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

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

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?

Should the government classify cryptocurrencies as legal forms of payment?

Should the government tax stock buybacks?

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