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Plaid Cymru Party

Plaid Cymru is a social-democratic political party in Wales advocating Welsh independence from the United Kingdom within…

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Plaid Cymrus policies on economic issues

These issues below are sorted in descending order based on how important the average UK [United Kingdom] voter ranked them on the quiz.

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the Economy  ›  Taxes

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

  ChatGPTYes

the Economy  ›  Minimum Wage

Should the government raise the national minimum wage?

  ChatGPTYes, and adjust it every year according to inflation

the Economy  ›  Tax Evasion

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

  ChatGPTYes

the Economy  ›  Tax Rate

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

  Personal answerYes

the Economy  ›  Government Spending

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

  ChatGPTNo, cuts to public spending will negatively affect the economy

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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  ›  Welfare

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

  Personal answerFewer

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  ›  Free Trade

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

  ChatGPTYes, but only if strong protections for our national resources and workers are enacted with each trade deal

the Economy  ›  Inheritance Tax

Should the government abolish the inheritance tax?

  Public statementsNo

the Economy  ›  Child Benefit

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

  Public statementsNo

the Economy  ›  Universal Basic Income

Do you support a universal basic income program?

  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  ›  Bonus Cap

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

  Public statementsYes

the Economy  ›  Welfare Drug Testing

Should welfare recipients be tested for drugs?

  ChatGPTNo

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  ›  32-Hour Work Week

Do you support a 32-hour work week?

  ChatGPTYes

the Economy  ›  Labor Unions

Do you believe labor unions help or hurt the economy?

  ChatGPTHelp

the Economy  ›  Economic Stimulus

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

  ChatGPTYes, but in the form of increased spending on infrastructure

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  ›  Domestic Jobs

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

  ChatGPTYes, 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?

  Personal answerNo

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  ›  Tariffs

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

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

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  ›  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  ›  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  ›  Transatlantic Trade and Investment Partnership

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

  ChatGPTNo

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  ›  Cryptocurrency

Should the government classify cryptocurrencies as legal forms of payment?

  ChatGPTNo, classify cryptocurrencies as highly regulated securities

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  ›  Gig worker tax reporting

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

  ChatGPTNo, unless the transaction is considered income

the Economy  ›  Stock Buybacks

Should the government tax stock buybacks?

  ChatGPTYes