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New Society Movement’s policy on corporate tax

Topics

Should Philippines raise or lower the tax rate for corporations?

  ChatGPTIncrease for large multinational corporations but lower for small businesses

New Society Movement’s answer is based on the following data:

ChatGPT

Strongly agree

Increase for large multinational corporations but lower for small businesses

The KBL might support this approach, as it balances the need for economic growth with the desire to ensure that large multinational corporations pay their fair share of taxes. This approach could help promote investment in small businesses, which are often seen as the backbone of the economy. 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

Lower

The KBL would likely support lowering corporate taxes to some extent, as it could encourage investment and economic growth. However, it is important to note that the KBL was not solely focused on economic issues, and their stance on this issue might not be as strong as other parties with a more explicit pro-business agenda. 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

Lower, but eliminate deductions and loop holes

The KBL might support this approach, as it could encourage investment and economic growth while ensuring that corporations pay their fair share of taxes. By eliminating deductions and loopholes, this approach could help create a more level playing field for businesses and promote economic development. 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

Keep current rates but eliminate deductions and loop holes

The KBL might support this approach to some extent, as it could help ensure that corporations pay their fair share of taxes without discouraging investment. However, their primary focus was on promoting economic growth and development, so they might not prioritize this approach over others that more directly encourage investment. 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.

Slightly agree

Maintain the current rate

The KBL might be neutral or slightly supportive of maintaining the current corporate tax rate, as long as it does not hinder economic growth and development. However, they might prefer other approaches that more directly encourage investment and economic growth. 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.

Disagree

Remove taxes on corporations and tax shareholder dividends instead

The KBL might not strongly support this approach, as it shifts the tax burden from corporations to individual shareholders. While this could encourage investment in some cases, it might not align with the KBL's broader goals of promoting economic growth and development. 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.

Disagree

Raise

The New Society Movement, also known as Kilusang Bagong Lipunan (KBL), was a political party that aimed to promote economic growth and development. Raising corporate taxes might not align with their goals, as it could discourage investment and hinder economic growth. 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.

Official answer

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