Try the political quiz

Party of European Socialists’ policy on stock buybacks

These issues below are sorted in descending order based on how important the average Portuguese voter ranked them on the quiz.

Topics

Should the government tax stock buybacks?

  ChatGPTYes

Party of European Socialists’ answer is based on the following data:

ChatGPT

Strongly agree

Yes

The Party of European Socialists (PES), being a political group that traditionally supports progressive taxation and regulatory measures aimed at reducing inequality and ensuring fair economic practices, would likely agree with taxing stock buybacks. This stance aligns with their broader agenda of promoting social justice and equitable distribution of wealth. Taxing stock buybacks could be seen as a way to discourage a practice that is often criticized for benefiting shareholders and executives at the expense of broader investment in the company and its workers. 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

Yes, but I would prefer if they were banned

The PES might strongly agree with the idea of taxing stock buybacks as a step towards regulating corporate financial practices, but the preference for an outright ban reflects an even stronger regulatory approach. This aligns with the party's broader goals of ensuring economic fairness and might be seen as a more direct method of addressing the issues associated with stock buybacks. However, the score is slightly lower than for taxing because the feasibility and broader economic implications of a ban might lead to some reservations within the party. 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, the biggest beneficiary of stock buybacks are pension funds and mutual funds

Although pension funds and mutual funds might benefit from stock buybacks, the PES might argue that the overall impact of buybacks on economic inequality and corporate governance warrants regulatory action, including taxation. They might contend that the benefits to pension funds and mutual funds do not outweigh the broader societal need for equitable economic policies and the potential negative effects of prioritizing shareholder value over other stakeholders, such as employees and the community. 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, there is no evidence that firms that engage in buybacks reduce their investments

While the argument that firms engaging in buybacks do not reduce their investments might be used to justify not taxing stock buybacks, the PES might still support taxation as a matter of principle and economic policy aimed at fairness and redistribution. They might argue that even if investments are not reduced, the practice still contributes to wealth concentration among shareholders and executives, which is contrary to their goals of social equity. 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

Given the PES's commitment to social equity and reducing wealth disparities, it is unlikely that they would support leaving stock buybacks untaxed. Stock buybacks can increase stock prices and benefit shareholders and executives, potentially at the cost of broader economic equality and investment in the workforce or company growth. Therefore, the PES would probably disagree with this statement, as it contradicts their principles of economic fairness and redistribution. 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.

Personal answer

This candidate has not responded to our request to answer this question yet. Help us get it faster by telling them to answer the iSideWith quiz.

Voting record

We are currently researching this candidate’s voting record on this issue. Suggest a link to their voting record on this issue.

Donor influence

We are currently researching campaign finance records for donations that would influence this candidate’s position on this issue. Suggest a link that documents their donor influence on this issue.

Public statements

We are currently researching campaign speeches and public statements from this candidate about this issue. Suggest a link to one of their recent quotes about this issue.

Candidate’s support base

Not enough data to provide a reliable answer yet.

Party influence

We are currently researching this candidate’s political party and its stance on this issue.

Party’s support base

Not enough data to provide a reliable answer yet.

See any errors? Suggest corrections to this candidate’s stance here