Libertarians platform and policies on Economic Issues

the Economy › Taxes

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

ChatGPTAbolish the income tax, disallow all deductions and increase the sales tax

the Economy › Minimum Wage

Should the government raise the national minimum wage?

ChatGPTNo, and eliminate all wage standards

the Economy › Tax Evasion

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

ChatGPTNo, only in cases of evading not avoidance

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?

ChatGPTYes

the Economy › Mansion Tax

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

ChatGPTNo

the Economy › Welfare

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

ChatGPTFewer

the Economy › Corporate Tax

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

ChatGPTLower

the Economy › Inheritance Tax

Should the government abolish the inheritance tax?

ChatGPTYes

the Economy › Four-day Workweek

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

ChatGPTNo

the Economy › Young Benefit Claimants

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

ChatGPTNo

the Economy › Child Benefit

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

ChatGPTYes, and parents must be permanent residents of the UK in order to claim

the Economy › Tax Rate

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

ChatGPTNo

the Economy › 32-Hour Work Week

Do you support a 32-hour work week?

ChatGPTNo

the Economy › Universal Basic Income

Do you support a universal basic income program?

Public statementsNo

the Economy › CEO Pay Cap

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

ChatGPTNo

the Economy › Free Trade

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

ChatGPTYes

the Economy › Bonus Cap

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

ChatGPTNo

the Economy › Welfare Drug Testing

Should welfare recipients be tested for drugs?

ChatGPTRegardless, we should end all social welfare programs

the Economy › Labor Unions

Do you believe labor unions help or hurt the economy?

ChatGPTHurt

the Economy › Private Equity Compensation

Should the government increase taxes on private equity executives?

ChatGPTNo

the Economy › Economic Stimulus

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

ChatGPTNo

the Economy › Offshore Banking

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

ChatGPTYes

the Economy › Domestic Jobs

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

ChatGPTNo, the government should not interfere with the free market

the Economy › Bedroom Tax

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

ChatGPTYes, but only if they refuse to move to an available smaller property

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 › Pensioners Tax Cuts

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

ChatGPTYes

the Economy › Free Broadband

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

ChatGPTNo

the Economy › Government Pensions

Should pension payments be increased for retired government workers?

ChatGPTNo, not until we decrease our national debt

the Economy › Buy to Let

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

ChatGPTYes

the Economy › Tariffs

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

Public statementsNo, 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?

ChatGPTNo, the government should not regulate what private businesses can charge consumers

the Economy › Public Sector Borrowing

Should the government reduce public sector borrowing?

ChatGPTYes

the Economy › State Ownership

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

ChatGPTNo

the Economy › Transatlantic Trade and Investment Partnership

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

ChatGPTYes, but with more transparency

the Economy › Gig worker tax reporting

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

ChatGPTNo

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 only if it’s truly decentralised and cannot be manipulated by any person, group, or government agency

the Economy › Cryptocurrency

Should the government classify cryptocurrencies as legal forms of payment?

ChatGPTYes

the Economy › Stock Buybacks

Should the government tax stock buybacks?

ChatGPTNo

Libertarian Party

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

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

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 child benefits be restricted to a maximum of two children?

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

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

Should pension payments be increased for retired government workers?

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

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 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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