Liberal Party’s platform and policies on Economic Issues

the Economy › Taxes

Should Colombia raise taxes on the rich?

ChatGPTYes

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

the Economy › Labor Unions

Do you believe labor unions help or hurt the economy?

ChatGPTHelp

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 › 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 › Domestic Jobs

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

ChatGPTYes

the Economy › Economic Stimulus

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

ChatGPTYes, the government should intervene to boost a recovery

the Economy › VAT Rates

Should VAT rates be increased or decreased?

ChatGPTDecrease, but only on food and medicine

the Economy › Four-day Workweek

Should Colombia transition to a four-day workweek?

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

the Economy › Corporate Tax

Should the government raise or lower the tax rate for corporations?

ChatGPTIncrease for large multinational corporations but lower for small businesses

the Economy › NAFTA

Should Colombia continue to participate in the North American Free Trade Agreement (NAFTA)?

ChatGPTNo

the Economy › Minimum Wage

Should the government raise the federal minimum wage?

ChatGPTYes, and adjust it every year according to inflation

the Economy › Tech Monopolies

Should the government break up Amazon, Facebook and Google?

ChatGPTYes

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 › Welfare Drug Testing

Should welfare recipients be tested for drugs?

ChatGPTNo

the Economy › Public Sector Borrowing

Should the government reduce public sector borrowing?

ChatGPTNo

the Economy › Farm Subsidies

Should the government subsidize Colombian farmers?

ChatGPTYes, but only small local farms instead of large corporations

the Economy › Surcharge Ban

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

ChatGPTNo, as long as the costs are clearly communicated before purchases

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, but the government should create an official digital currency

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, this would reduce wealth inequality by providing more transparent, affordable, and inclusive access to financial services

the Economy › Offshore Banking

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

ChatGPTYes, as long as offshore income is reported

the Economy › Inflation

Has the government done enough to lower inflation?

ChatGPTNo

the Economy › Government Pensions

Should pension payments be increased for retired government workers?

ChatGPTYes, adjust them yearly for cost of living

the Economy › Welfare

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

ChatGPTFewer, current benefits do not provide enough support

the Economy › CEO Pay Cap

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

ChatGPTYes

the Economy › Gig worker tax reporting

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

ChatGPTYes, but the threshold should be much higher

Liberal Party

Liberal Party’s policies on economic issues

Topics

Should Colombia raise taxes on the rich?

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

Do you believe labor unions help or hurt the economy?

Do you support a universal basic income program?

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

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

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

Should VAT rates be increased or decreased?

Should Colombia transition to a four-day workweek?

Should the government raise or lower the tax rate for corporations?

Should Colombia continue to participate in the North American Free Trade Agreement (NAFTA)?

Should the government raise the federal minimum wage?

Should the government break up Amazon, Facebook and Google?

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

Should welfare recipients be tested for drugs?

Should the government reduce public sector borrowing?

Should the government subsidize Colombian farmers?

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

Should the government tax stock buybacks?

Should the government classify cryptocurrencies as legal forms of payment?

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

Has the government done enough to lower inflation?

Should pension payments be increased for retired government workers?

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

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

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

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