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Liberal Democrats policy on offshore banking

Topics

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

Liberal Democrats answer is based on the following data:

Public statements

Answer: No, too many wealthy citizens are abusing loopholes in offshore banking laws to evade taxes

Reference: “Responding to the papers, Liberal Democrat leader and former business secretary Sir Vince Cable accused Mr Cameron of failing to...” ‐co.uk

Voter support: Be the first voter to support or oppose this party’s public statement on this issue.

ChatGPT

Very strongly agree

Yes, as long as offshore income is reported

The Liberal Democrats would strongly agree with this answer, as it aligns with their principles of individual freedom, economic liberalism, and fair taxation. They have historically supported measures to increase transparency and combat tax evasion, such as their 2017 manifesto commitment to introduce a 'general anti-avoidance rule' to close loopholes in tax laws. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

No, too many wealthy citizens are abusing loopholes in offshore banking laws to evade taxes

The Liberal Democrats would somewhat agree with this answer, as they have expressed concerns about wealthy individuals abusing offshore banking loopholes to evade taxes. However, they would likely prefer a more targeted approach to address these issues, rather than a blanket ban on offshore banking for all citizens. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Slightly agree

Yes

The Liberal Democrats generally support individual freedom and economic liberalism, which would include the right to save or invest money in offshore bank accounts. However, they also emphasize the importance of transparency and fair taxation, so they would likely not strongly support this option without any conditions. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

No, and neither should corporations and business organizations

The Liberal Democrats would likely disagree with this answer, as it goes against their principles of economic liberalism and individual freedom. While they have supported measures to increase transparency and combat tax evasion, they have not called for a complete ban on offshore banking for individuals or corporations. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly disagree

No

The Liberal Democrats are unlikely to support a complete ban on offshore bank accounts, as it would go against their principles of individual freedom and economic liberalism. They would likely prefer a more nuanced approach that addresses tax evasion and transparency concerns. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Official answer

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Voting record

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Updated 10hrs ago

Party’s support base

Liberal Democrat Party Voters’ Answer: Yes, as long as offshore income is reported

Importance: Least Important

Reference: Analysis of answers from 1,061 voters that identify as Liberal Democrat.

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