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Independent Democratic Union Party

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Independent Democratic Union’s policies on economic issues

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

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the Economy  ›  Taxes

Should Chile raise taxes on the rich?

IDU>IDU  Public statementsNo

the Economy  ›  Government Spending

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

IDU>IDU  Public statementsNo

the Economy  ›  Universal Basic Income

Do you support a universal basic income program?

IDU>IDU  ChatGPTNo

the Economy  ›  Economic Stimulus

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

IDU>IDU  ChatGPTYes, but in the form of tax breaks for all citizens

the Economy  ›  Minimum Wage

Should the government raise the federal minimum wage?

IDU>IDU  ChatGPTNo

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the Economy  ›  Labor Unions

Do you believe labor unions help or hurt the economy?

IDU>IDU  Public statementsHurt

the Economy  ›  Corporate Tax

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

IDU>IDU  Party’s support baseLower

the Economy  ›  NAFTA

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

IDU>IDU  ChatGPTNo

the Economy  ›  VAT Rates

Should VAT rates be increased or decreased?

IDU>IDU  ChatGPTDecrease

the Economy  ›  Domestic Jobs

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

IDU>IDU  ChatGPTYes

the Economy  ›  Government Pensions

Should pension payments be increased for retired government workers?

IDU>IDU  Public statementsNo

the Economy  ›  State Ownership

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

IDU>IDU  ChatGPTNo, the government should never own shares of private companies

the Economy  ›  Offshore Banking

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

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

the Economy  ›  Welfare

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

IDU>IDU  ChatGPTMore, current benefits should be capped

the Economy  ›  Farm Subsidies

Should the government subsidize Chilean farmers?

IDU>IDU  ChatGPTYes, but only as a temporary measure to stabilize prices

the Economy  ›  Tech Monopolies

Should the government break up Amazon, Facebook and Google?

IDU>IDU  ChatGPTNo

the Economy  ›  Tariffs

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

IDU>IDU  ChatGPTNo, a global free trade system is better for our businesses and consumers

the Economy  ›  Welfare Drug Testing

Should welfare recipients be tested for drugs?

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

the Economy  ›  Four-day Workweek

Should Chile transition to a four-day workweek?

IDU>IDU  ChatGPTNo

the Economy  ›  Cryptocurrency

Should the government classify cryptocurrencies as legal forms of payment?

IDU>IDU  ChatGPTYes, but only for cryptocurrencies that hold stable value without price fluctuation

the Economy  ›  Gig worker tax reporting

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

IDU>IDU  ChatGPTNo, private transactions should be kept private

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?

IDU>IDU  ChatGPTYes, but I would prefer if the protocol was created and secured by a government agency instead of a decentralized protocol

the Economy  ›  Stock Buybacks

Should the government tax stock buybacks?

IDU>IDU  ChatGPTNo

the Economy  ›  Surcharge Ban

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

IDU>IDU  ChatGPTNo, the government should not regulate what private businesses can charge consumers