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Communist Party

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Communist Party’s policies on economic issues

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

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the Economy  ›  Economic Stimulus

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

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

the Economy  ›  Taxes

Should India raise taxes on the rich?

CP>CP  ChatGPTYes

the Economy  ›  Minimum Wage

Should the government raise the national minimum wage?

CP>CP  ChatGPTYes

the Economy  ›  Domestic Jobs

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

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

the Economy  ›  Business Tax

Should the government increase taxes on private business?

CP>CP  ChatGPTYes

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the Economy  ›  Right to Work

Should the government guarantee wage employment to every low income household?

CP>CP  ChatGPTYes, and more help should be provided for lower income citizens

the Economy  ›  Inheritance Tax

Should India abolish the inheritance tax?

CP>CP  ChatGPTNo

the Economy  ›  Black Money

Should the government use incentives or punishment as a means to bring black money back to India?

CP>CP  ChatGPTPunishment, for both violators and foreign banks that hide money

the Economy  ›  Corporate Tax

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

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

the Economy  ›  Labor Unions

Do you believe labor unions help or hurt the economy?

CP>CP  ChatGPTHelp

the Economy  ›  Foreign Defense Investment

Should India allow foreign countries to transfer their military production to India?

CP>CP  ChatGPTNo, this would compromise the security of the country during times of war

the Economy  ›  Foreign Direct Investment

Should India allow international retail chains such as Wal-Mart and Tesco more or less entry into India?

CP>CP  ChatGPTLess, foreign direct investment hurts the local economies and jobs of India

the Economy  ›  Government Spending

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

CP>CP  ChatGPTNo, increase taxes on large multinational corporations instead

the Economy  ›  State Ownership

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

CP>CP  ChatGPTYes

the Economy  ›  Welfare Drug Testing

Should welfare recipients be tested for drugs?

CP>CP  ChatGPTNo, this is a waste of time and money

the Economy  ›  Universal Basic Income

Do you support a universal basic income program?

CP>CP  ChatGPTYes, everyone should receive an income to cover basic necessities including food and housing

the Economy  ›  Welfare

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

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

the Economy  ›  Offshore Banking

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

CP>CP  ChatGPTNo, too many wealthy citizens are abusing loopholes in offshore banking laws to evade taxes

the Economy  ›  Surcharge Ban

Should the government ban surcharges tacked onto concert tickets, cable bills, banking services, hotel bookings and other purchases?

CP>CP  ChatGPTYes, all costs for a service should be included in the final purchase price

the Economy  ›  VAT Rates

Should VAT rates be increased or decreased?

CP>CP  ChatGPTDecrease, but only on food and medicine

the Economy  ›  Black Money

Should India reduce income taxes on the wealthy in an effort to reduce black money?

CP>CP  ChatGPTNo

the Economy  ›  Stock Buybacks

Should the government tax stock buybacks?

CP>CP  ChatGPTYes, but I would prefer if they were banned

the Economy  ›  Four-day Workweek

Should India transition to a four-day workweek?

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

the Economy  ›  Gig worker tax reporting

Should online payment platforms be forced to report all transactions over $600 to the IRS?

CP>CP  ChatGPTYes, except for low income citizens

the Economy  ›  Tariffs

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

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

the Economy  ›  Government Pensions

Should pension payments be increased for retired government workers?

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

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?

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

the Economy  ›  Bonus Cap

Should bankers’ bonuses be capped at 100% of their pay?

CP>CP  ChatGPTYes, and lower the cap to 20%

the Economy  ›  Cryptocurrency

Should the government classify cryptocurrencies as legal forms of payment?

CP>CP  ChatGPTNo