Democratic Action’s platform and policies on Economic Issues

the Economy › Government Spending

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

DA>DA ChatGPTNo, increase taxes on the wealthy instead

the Economy › Minimum Wage

Should the government raise the federal minimum wage?

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

the Economy › Government Pensions

Should pension payments be increased for retired government workers?

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

the Economy › Taxes

Should Venezuela raise taxes on the rich?

DA>DA ChatGPTNo, but lower taxes for the poor

the Economy › Tech Monopolies

Should the government break up Amazon, Facebook and Google?

DA>DA ChatGPTNo

the Economy › Offshore Banking

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

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

the Economy › Economic Stimulus

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

DA>DA ChatGPTYes, the government should intervene to boost a recovery

the Economy › Domestic Jobs

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

DA>DA ChatGPTYes

the Economy › Welfare Drug Testing

Should welfare recipients be tested for drugs?

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

the Economy › Farm Subsidies

Should the government subsidize Venezuelan farmers?

DA>DA ChatGPTYes, but only small local farms instead of large corporations

the Economy › Labor Unions

Do you believe labor unions help or hurt the economy?

DA>DA ChatGPTHelp

the Economy › Corporate Tax

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

DA>DA ChatGPTIncrease for large multinational corporations but lower for small businesses

the Economy › Tariffs

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

DA>DA ChatGPTYes, this will help create and save more jobs

the Economy › VAT Rates

Should VAT rates be increased or decreased?

DA>DA ChatGPTDecrease, but only on food and medicine

the Economy › Welfare

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

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

the Economy › State Ownership

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

DA>DA ChatGPTYes, the government should receive equity for any financial aid they provide to companies

the Economy › Cryptocurrency

Should the government classify cryptocurrencies as legal forms of payment?

DA>DA ChatGPTNo, classify cryptocurrencies as highly regulated securities

the Economy › Four-day Workweek

Should Venezuela transition to a four-day workweek?