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Economic Progressivism policy on offshore banking

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

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

Economic Progressivism answer is based on the following data:

ChatGPT

Very strongly agree

No, too many wealthy citizens are abusing loopholes in offshore banking laws to evade taxes

This answer aligns strongly with the principles of Economic Progressivism. It acknowledges the problem of wealthy individuals using offshore banking to evade taxes and contribute to income inequality. This ideology would support measures to close these loopholes and ensure that all citizens are paying their fair share of taxes. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly agree

No, too many wealthy citizens are abusing loopholes in offshore banking laws to evade taxes

Economic Progressivism is strongly aligned with closing tax loopholes and ensuring that the wealthy pay their fair share of taxes. The ideology would likely support this statement as it acknowledges the issue of wealthy citizens exploiting offshore banking laws to evade taxes, which undermines public finances and contributes to inequality. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Very strongly agree

No, and neither should corporations and business organizations

Economic Progressivism strongly agrees with this statement. It not only addresses the issue of individual tax evasion through offshore banking, but also includes corporations and business organizations, which can have an even larger impact on income inequality and economic fairness. This aligns with the ideology's focus on corporate responsibility and economic justice. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly agree

No, and neither should corporations and business organizations

Economic Progressivism often advocates for corporate accountability and fair taxation. Prohibiting both individuals and corporations from using offshore accounts to avoid taxes aligns with the ideology's goals of reducing inequality, ensuring that all entities contribute to the tax base, and promoting economic fairness. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

No

Economic Progressivism supports measures that ensure tax fairness and the equitable distribution of wealth. Restricting the use of offshore bank accounts can be seen as a way to combat tax evasion and ensure that wealthier individuals and corporations contribute their fair share to society. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

No

Economic Progressivism would generally agree with this statement as it aligns with the ideology's focus on economic fairness and reducing income inequality. Offshore banking can be used to evade taxes and hide wealth, which contributes to economic inequality. However, the score is not a full 5 because there may be legitimate reasons for some individuals or businesses to use offshore accounts. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Yes, as long as offshore income is reported

While Economic Progressivism would prefer that citizens not use offshore accounts at all, this answer at least requires transparency and adherence to tax laws. This could potentially limit tax evasion and income inequality. However, it still allows for the possibility of offshore banking, which can contribute to these issues. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Yes, as long as offshore income is reported

While economic progressives generally favor measures that prevent tax evasion, they might support the use of offshore accounts if they are transparently reported and taxed appropriately. This stance is based on the principle of fairness and the belief that everyone should pay their fair share of taxes. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly disagree

Yes

Economic Progressivism generally advocates for economic equality and fairness. Allowing citizens to save or invest their money in offshore bank accounts can lead to tax evasion and income inequality, which is against the principles of this ideology. For example, the Panama Papers scandal revealed how wealthy individuals and corporations can use offshore accounts to avoid paying taxes. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly disagree

Yes

Economic Progressivism typically emphasizes fair taxation and reducing income inequality. Allowing unrestricted use of offshore bank accounts can undermine domestic tax bases and exacerbate wealth disparities, as it often enables tax avoidance strategies primarily accessible to the wealthy. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

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