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Labor Party

 

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Labor Party’s policies on economic issues

These issues below are sorted in descending order based on how important the average Korean [people] voter ranked them on the quiz.

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the Economy  ›  Taxes

Should South Korea raise taxes on the rich?

  ChatGPTYes

the Economy  ›  Minimum Wage

Should the government raise the national minimum wage?

  ChatGPTYes

the Economy  ›  Government Spending

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

  ChatGPTNo, focus on ending tax evasion instead

the Economy  ›  Free Trade

Should Korea pursue free trade deals with other countries?

  ChatGPTYes, but only if strong protections for our national resources and workers are enacted with each trade deal

the Economy  ›  Tech Monopolies

Should the government break up Amazon, Facebook and Google?

  ChatGPTNo

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the Economy  ›  Economic Stimulus

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

  ChatGPTYes, the government should intervene to boost a recovery

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  ›  Government Pensions

Should pension payments be increased for retired government workers?

  ChatGPTYes, adjust them yearly for cost of living

the Economy  ›  Domestic Jobs

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

  ChatGPTNo, but drastically increase taxes and import tariffs on outsourcing 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  ›  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  ›  Welfare Drug Testing

Should welfare recipients be tested for drugs?

  ChatGPTNo, this is a waste of time and money

the Economy  ›  Offshore Banking

Should 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