PDDS’s platform and policies on Economic Issues

the Economy › Minimum Wage

Should the government raise the national minimum wage?

P>P ChatGPTYes, and adjust it every year according to inflation

the Economy › Taxes

Should Philippines raise taxes on the rich?

P>P ChatGPTNo, but lower taxes for the poor

the Economy › Corporate Tax

Should Philippines raise or lower the tax rate for corporations?

P>P ChatGPTLower

the Economy › Government Spending

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

P>P ChatGPTNo, focus on ending tax evasion instead

the Economy › Economic Stimulus

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

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

the Economy › Free Trade

Should Philippines pursue free trade deals with other countries?

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

the Economy › Domestic Jobs

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

P>P ChatGPTYes, and drastically increase taxes and import tariffs on outsourcing businesses

the Economy › Welfare

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

P>P ChatGPTMore, reform the system so that it supplements, rather than replaces, a working income

the Economy › Government Pensions

Should pension payments be increased for retired government workers?

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

the Economy › Welfare Drug Testing

Should welfare recipients be tested for drugs?

P>P ChatGPTYes

the Economy › Tech Monopolies

Should the government break up Amazon, Facebook and Google?

P>P ChatGPTNo

the Economy › State Ownership

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

P>P ChatGPTYes, the government should receive equity for any financial aid they provide to companies

the Economy › Offshore Banking

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

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

the Economy › Tariffs

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

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

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?

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

PDDS Party

PDDS’s policies on economic issues

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