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Labours policies on economic issues

Candidates

Topics

the Economy  ›  Tax Evasion

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

  Public statementsYes, and fine them double the amount they avoided paying

the Economy  ›  Minimum Wage

Should the government raise the national minimum wage?

  Public statementsYes, and make it a living wage

the Economy  ›  Taxes

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

  Public statementsYes

the Economy  ›  Welfare

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

  Public statementsFewer

the Economy  ›  Free Trade

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

  Public statementsYes


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the Economy  ›  Government Spending

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

  Public statementsNo

the Economy  ›  Tax Rate

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

  Public statementsYes

the Economy  ›  Inheritance Tax

Should the government abolish the inheritance tax?

  Public statementsNo

the Economy  ›  Corporate Tax

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

  Public statementsRaise

the Economy  ›  Child Benefit

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

  Public statementsNo

the Economy  ›  Mansion Tax

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

  Public statementsYes

the Economy  ›  Welfare Drug Testing

Should welfare recipients be tested for drugs?

  Party’s support baseNo

the Economy  ›  Bonus Cap

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

  Public statementsYes

the Economy  ›  Young Benefit Claimants

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

  Public statementsNo

the Economy  ›  Universal Basic Income

Do you support a universal basic income program?

  Public statementsYes

the Economy  ›  32-Hour Work Week

Do you support a 32-hour work week?

  Public statementsYes

the Economy  ›  Economic Stimulus

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

  Public statementsYes, the government should intervene to boost a recovery

the Economy  ›  Labor Unions

Do you believe labor unions help or hurt the economy?

  Public statementsHelp

the Economy  ›  Offshore Banking

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

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

the Economy  ›  Domestic Jobs

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

  Party’s support baseYes, and drastically increase taxes and import tariffs on outsourcing businesses

the Economy  ›  Bedroom Tax

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

  Public statementsNo

the Economy  ›  Tariffs

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

  Public statementsNo, this will hurt our manufacturing businesses that rely on importing cheap resources to make their products

the Economy  ›  Transatlantic Trade and Investment Partnership

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

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

the Economy  ›  Buy to Let

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

  Public statementsNo

the Economy  ›  Government Pensions

Should pension payments be increased for retired government workers?

  Public statementsYes, 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?

  Public statementsYes

the Economy  ›  Free Broadband

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

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

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