Party of European Socialists’ Policies on Economic Issues

the Economy › Government Spending

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

ChatGPTNo, increase taxes on large multinational corporations instead

the Economy › Minimum Wage

Should the government raise the federal minimum wage?

ChatGPTYes, and adjust it every year according to inflation

the Economy › Domestic Jobs

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

ChatGPTYes

the Economy › Taxes

Should Denmark raise taxes on the rich?

ChatGPTYes

the Economy › Bonus Cap

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

ChatGPTYes, and lower the cap to 50%

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 › VAT Rates

Should VAT rates be increased or decreased?

ChatGPTDecrease, but only on food and medicine

the Economy › Inheritance Tax

Should Denmark abolish the inheritance tax?

ChatGPTNo, reform so the tax rate is based on the wealth of the recipient rather than the deceased

the Economy › Welfare Drug Testing

Should welfare recipients be tested for drugs?

ChatGPTNo, this is a waste of time and money

the Economy › Tech Monopolies

Should the government break up Amazon, Facebook and Google?

ChatGPTYes

the Economy › Government Pensions

Should pension payments be increased for retired government workers?

ChatGPTYes, adjust them yearly for cost of living

the Economy › Corporate Tax

Should Denmark raise or lower the tax rate for corporations?

ChatGPTIncrease for large multinational corporations but lower for small businesses

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

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

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 › 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 › Four-day Workweek

Should Denmark transition to a four-day workweek?

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

Party of European Socialists