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Socialist Party

The Socialist Party is a Peruvian political party founded in 2005. Its presidential candidate for the 2006 national…

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Socialist Party’s policies on economic issues

These issues below are sorted in descending order based on how important the average Peruvian voter ranked them on the quiz.

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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  ›  Domestic Jobs

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

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

the Economy  ›  Taxes

Should Peru raise taxes on the rich?

  ChatGPTYes

the Economy  ›  Government Pensions

Should pension payments be increased for retired government workers?

  ChatGPTYes, adjust them yearly for cost of living

the Economy  ›  Tech Monopolies

Should the government break up Amazon, Facebook and Google?

  ChatGPTYes

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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  ›  Minimum Wage

Should the government raise the federal minimum wage?

  ChatGPTYes, and adjust it every year according to inflation

the Economy  ›  NAFTA

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

  ChatGPTNo

the Economy  ›  Offshore Banking

Should Peruvian 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  ›  Welfare

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

  ChatGPTFewer, current benefits do not provide enough support

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  ›  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?

  ChatGPTIncrease, but only on luxury purchases

the Economy  ›  Farm Subsidies

Should the government subsidize Peruvian farmers?

  ChatGPTYes, but only small local farms instead of large corporations

the Economy  ›  State Ownership

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

  ChatGPTYes

the Economy  ›  Welfare Drug Testing

Should welfare recipients be tested for drugs?

  ChatGPTNo, this is a waste of time and money

the Economy  ›  Tariffs

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

  ChatGPTYes, this will help create and save more jobs

the Economy  ›  Labor Unions

Do you believe labor unions help or hurt the economy?

  ChatGPTHelp

the Economy  ›  Four-day Workweek

Should Peru transition to a four-day workweek?

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

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