Third Way beliefs on Economic Issues

the Economy › Taxes

Should Canada raise taxes on the rich?

TW>TW ChatGPTLower the income tax rate and remove all existing tax loopholes for large corporations

the Economy › Minimum Wage

Should the government raise the federal minimum wage?

TW>TW ChatGPTYes, and adjust it every year according to inflation

the Economy › Corporate Tax

Should Canada raise or lower the tax rate for corporations?

TW>TW ChatGPTKeep current rates but eliminate deductions and loop holes

the Economy › Universal Basic Income

Do you support a universal basic income program?

TW>TW ChatGPTYes

the Economy › Welfare Drug Testing

Should welfare recipients be tested for drugs?

TW>TW ChatGPTYes, but provide treatment for those testing positive

the Economy › Four-day Workweek

Should Canada transition to a four-day workweek?

TW>TW 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?

TW>TW ChatGPTMore, reform the system so that it supplements, rather than replaces, a working income

the Economy › Labor Unions

Do you believe labor unions help or hurt the economy?

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

the Economy › Economic Stimulus

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

TW>TW ChatGPTYes, but in the form of increased spending on infrastructure

the Economy › Government Spending

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

TW>TW ChatGPTNo, focus on ending tax evasion instead

the Economy › NAFTA

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

TW>TW ChatGPTYes, NAFTA helps lower the prices of consumer products

the Economy › Domestic Jobs

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

TW>TW ChatGPTNo, but drastically increase taxes and import tariffs on outsourcing businesses

the Economy › Offshore Banking

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

TW>TW ChatGPTYes, as long as offshore income is reported

the Economy › Government Pensions

Should pension payments be increased for retired government workers?

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

the Economy › Tech Monopolies

Should the government break up Amazon, Facebook and Google?

TW>TW ChatGPTNo

the Economy › Tariffs

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

TW>TW ChatGPTNo, a global free trade system is better for our businesses and consumers

the Economy › Trans-Pacific Partnership

Do you support the Trans-Pacific Partnership (TPP)?

TW>TW ChatGPTYes

the Economy › State Ownership

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

TW>TW 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?

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

the Economy › Cryptocurrency

Should the government classify cryptocurrencies as legal forms of payment?

TW>TW ChatGPTNo, classify cryptocurrencies as highly regulated securities

Third Way

Third Way policies on economic issues

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