Labours platform and policies on Economic Issues

the Economy › Taxes

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

Public statementsYes

the Economy › Minimum Wage

Should the government raise the national minimum wage?

Public statementsYes, 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?

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

the Economy › Inflation

Has the government done enough to lower inflation?

ChatGPTNo

the Economy › Government Spending

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

Public statementsNo

the Economy › Mansion Tax

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

Public statementsYes

the Economy › Corporate Tax

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

Public statementsRaise

the Economy › Welfare

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

Public statementsFewer

the Economy › Inheritance Tax

Should the government abolish the inheritance tax?

Public statementsNo

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 › Young Benefit Claimants

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

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 › Child Benefit

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

Public statementsNo

the Economy › 32-Hour Work Week

Do you support a 32-hour work week?

Public statementsYes

the Economy › Universal Basic Income

Do you support a universal basic income program?

Public statementsYes

the Economy › CEO Pay Cap

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

ChatGPTYes

the Economy › Bonus Cap

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

Public statementsYes

the Economy › Free Trade

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

Public statementsYes

the Economy › Welfare Drug Testing

Should welfare recipients be tested for drugs?

ChatGPTNo

the Economy › Labor Unions

Do you believe labor unions help or hurt the economy?

Public statementsHelp

the Economy › Private Equity Compensation

Should the government increase taxes on private equity executives?

ChatGPTYes

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 › 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 › 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 › Domestic Jobs

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

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?

Public statementsNo

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 › 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?

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 › 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 › 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)?

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

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 › Gig worker tax reporting

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

ChatGPTYes, but the threshold should be much higher

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, this would reduce wealth inequality by providing more transparent, affordable, and inclusive access to financial services

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

Labour Party

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

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

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

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

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 32-hour work week?

Do you support a universal basic income program?

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

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

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

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

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

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

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 government classify Bitcoin as a legal currency?

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

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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