Radical Change Party’s platform and policies on Economic Issues

the Economy › Taxes

Should Colombia raise taxes on the rich?

ChatGPTNo, but lower taxes for the poor

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 › VAT Rates

Should VAT rates be increased or decreased?

ChatGPTDecrease, to provide economic growth

the Economy › Labor Unions

Do you believe labor unions help or hurt the economy?

ChatGPTHelp, in theory but have recently become corrupt and should have their powers limited

the Economy › Farm Subsidies

Should the government subsidize Colombian farmers?

ChatGPTYes, but only small local farms instead of large corporations

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, but in the form of increased spending on infrastructure

the Economy › NAFTA

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

ChatGPTNo, but we should adopt a unilateral free trade policy

the Economy › Minimum Wage

Should the government raise the federal minimum wage?

ChatGPTYes, and adjust it every year according to inflation

the Economy › Universal Basic Income

Do you support a universal basic income program?

ChatGPTNo

the Economy › Corporate Tax

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

ChatGPTLower, but eliminate deductions and loop holes

the Economy › Government Pensions

Should pension payments be increased for retired government workers?

ChatGPTYes, adjust them yearly for cost of living

the Economy › Welfare Drug Testing

Should welfare recipients be tested for drugs?

ChatGPTYes, but provide treatment for those testing positive

the Economy › Welfare

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

ChatGPTFewer, and ensure benefits go to those that need it most

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 › 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 › Stock Buybacks

Should the government tax stock buybacks?

ChatGPTNo, there is no evidence that firms that engage in buybacks reduce their investments

the Economy › Surcharge Ban

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

ChatGPTNo, the government should focus on preventing monopolies and cartels instead

Radical Change Party

Radical Change Party’s policies on economic issues

Topics