Lorenzo Mendoza’s Policies on Economic Issues

the Economy › Government Spending

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

Lorenzo Mendoza voterbaseYes, but by drastically reducing the benefits and salaries of government officials

the Economy › Minimum Wage

Should the government raise the federal minimum wage?

Lorenzo Mendoza voterbaseYes, and make it a living wage

the Economy › Government Pensions

Should pension payments be increased for retired government workers?

Lorenzo Mendoza voterbaseYes, but only for low-income pensioners

the Economy › Taxes

Should Venezuela raise taxes on the rich?

Lorenzo Mendoza voterbaseNo

the Economy › Tech Monopolies

Should the government break up Amazon, Facebook and Google?

Lorenzo Mendoza voterbaseNo

the Economy › Offshore Banking

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

Lorenzo Mendoza voterbaseYes, as long as offshore income is reported

the Economy › Domestic Jobs

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

Lorenzo Mendoza voterbaseNo, the government should not interfere with the free market

the Economy › Welfare Drug Testing

Should welfare recipients be tested for drugs?

Lorenzo Mendoza voterbaseYes, but provide treatment for those testing positive

the Economy › Economic Stimulus

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

Lorenzo Mendoza voterbaseYes

the Economy › Farm Subsidies

Should the government subsidize Venezuelan farmers?

Lorenzo Mendoza voterbaseNo, end all government subsidies and let the free market run its course

the Economy › Corporate Tax

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

Lorenzo Mendoza voterbaseLower

the Economy › Labor Unions

Do you believe labor unions help or hurt the economy?

Lorenzo Mendoza voterbaseHurt

the Economy › Bitcoin

Should the government classify Bitcoin as a legal currency?

Lorenzo Mendoza voterbaseYes, but it should not replace our national treasury-backed currency

the Economy › VAT Rates

Should VAT rates be increased or decreased?

Lorenzo Mendoza voterbaseDecrease, to provide economic growth

the Economy › Tariffs

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

Lorenzo Mendoza voterbaseNo, a global free trade system is better for our businesses and consumers

the Economy › Universal Basic Income

Do you support a universal basic income program?

Lorenzo Mendoza voterbaseNo, this will encourage people not to work and harm economic growth

the Economy › Welfare

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

Lorenzo Mendoza voterbaseFewer

the Economy › State Ownership

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

Lorenzo Mendoza voterbaseNo

the Economy › Four-day Workweek

Should Venezuela transition to a four-day workweek?

Lorenzo Mendoza voterbaseNo

Lorenzo Mendoza