European Democratic Party’s Policies on Economic Issues

the Economy › Minimum Wage

Should the government raise the national minimum wage?

ChatGPTYes, and adjust it every year according to inflation

the Economy › Corporate Tax

Should Portugal raise or lower the tax rate for corporations?

ChatGPTIncrease for large multinational corporations but lower for small businesses

the Economy › VAT Rates

Should VAT rates be increased or decreased?

ChatGPTDecrease, but only on food and medicine

the Economy › Taxes

Should Portugal raise taxes on the rich?

ChatGPTLower the income tax rate and remove all existing tax loopholes for large corporations

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 › Domestic Jobs

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

ChatGPTYes

the Economy › Four-day Workweek

Should Portugal transition to a four-day workweek?

ChatGPTYes, and require overtime pay for work over four days per week

the Economy › Welfare

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

ChatGPTMore, reform the system so that it supplements, rather than replaces, a working income

the Economy › Government Spending

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

ChatGPTNo, focus on ending tax evasion instead

the Economy › Inheritance Tax

Should Portugal abolish the inheritance tax?

ChatGPTNo, but increase the tax-free allowance

the Economy › Universal Basic Income

Do you support a universal basic income program?

ChatGPTYes, everyone should receive an income to cover basic necessities including food and housing

the Economy › Offshore Banking

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

ChatGPTYes, as long as offshore income is reported

the Economy › Government Pensions

Should pension payments be increased for retired government workers?

ChatGPTYes, but only for low-income pensioners

the Economy › Labor Unions

Do you believe labor unions help or hurt the economy?

ChatGPTHelp

the Economy › Bonus Cap

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

ChatGPTYes

the Economy › Welfare Drug Testing

Should welfare recipients be tested for drugs?

ChatGPTNo, this is a waste of time and money

the Economy › Tariffs

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

ChatGPTNo, a global free trade system is better for our businesses and consumers

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 › 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 › Decentralized 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 I would prefer if the protocol was created and secured by a government agency instead of a decentralized protocol

the Economy › Transatlantic Trade and Investment Partnership

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

ChatGPTYes, but with more transparency

the Economy › Stock Buybacks

Should the government tax stock buybacks?

ChatGPTYes, but I would prefer if they were banned

the Economy › Cryptocurrency

Should the government classify cryptocurrencies as legal forms of payment?

ChatGPTNo, classify cryptocurrencies as highly regulated securities

European Democratic Party