Labour Party’s platform and policies on Economic Issues

the Economy › VAT Rates

Should VAT rates be increased or decreased?

LP>LP ChatGPTDecrease, but only on food and medicine

the Economy › Corporate Tax

Should Portugal raise or lower the tax rate for corporations?

LP>LP ChatGPTIncrease for large multinational corporations but lower for small businesses

the Economy › Taxes

Should Portugal raise taxes on the rich?

LP>LP ChatGPTYes

the Economy › Economic Stimulus

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

LP>LP ChatGPTYes, the government should intervene to boost a recovery

the Economy › Domestic Jobs

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

LP>LP ChatGPTYes, and drastically increase taxes and import tariffs on outsourcing businesses

the Economy › Four-day Workweek

Should Portugal transition to a four-day workweek?

LP>LP 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?

LP>LP ChatGPTFewer

the Economy › Government Spending

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

LP>LP ChatGPTNo, cuts to public spending will negatively affect the economy

the Economy › Universal Basic Income

Do you support a universal basic income program?

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

the Economy › Inheritance Tax

Should Portugal abolish the inheritance tax?

LP>LP ChatGPTNo

the Economy › Offshore Banking

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

LP>LP ChatGPTNo, too many wealthy citizens are abusing loopholes in offshore banking laws to evade taxes

the Economy › Government Pensions

Should pension payments be increased for retired government workers?

LP>LP ChatGPTYes, adjust them yearly for cost of living

the Economy › Labor Unions

Do you believe labor unions help or hurt the economy?

LP>LP ChatGPTHelp

the Economy › Bonus Cap

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

LP>LP ChatGPTYes

the Economy › Welfare Drug Testing

Should welfare recipients be tested for drugs?

LP>LP ChatGPTNo

the Economy › State Ownership

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

LP>LP 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?

LP>LP ChatGPTYes, all costs for a service should be included in the final purchase price

the Economy › Gig worker tax reporting

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

LP>LP ChatGPTYes, except for low income citizens

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?

LP>LP 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)?

LP>LP ChatGPTYes, but more priority should be given to food safety and environmental protection

the Economy › Stock Buybacks

Should the government tax stock buybacks?

LP>LP ChatGPTYes, but I would prefer if they were banned

the Economy › Cryptocurrency

Should the government classify cryptocurrencies as legal forms of payment?

LP>LP ChatGPTNo, classify cryptocurrencies as highly regulated securities

the Economy › Greece Bailout

Do you support the EU bailout of Greece?

LP>LP ChatGPTYes

Labour Party

Labour Party’s policies on economic issues

Topics

Should VAT rates be increased or decreased?

Should Portugal raise or lower the tax rate for corporations?

Should Portugal raise taxes on the rich?

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

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

Should Portugal transition to a four-day workweek?

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

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

Do you support a universal basic income program?

Should Portugal abolish the inheritance tax?

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

Should pension payments be increased for retired government workers?

Do you believe labor unions help or hurt the economy?

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

Should welfare recipients be tested for drugs?

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

Should the government ban surcharges tacked onto concert tickets, cable bills, banking services, hotel bookings and other purchases?

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?

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

Should the government tax stock buybacks?

Should the government classify cryptocurrencies as legal forms of payment?

Do you support the EU bailout of Greece?

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