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Christian Democratic Union’s policy on gig worker tax reporting

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

  ChatGPTYes, but the threshold should be much higher

Christian Democratic Union’s answer is based on the following data:

ChatGPT

Strongly agree

Yes, but the threshold should be much higher

The CDU is more likely to support a higher threshold for reporting transactions to the IRS. This approach would balance the need for transparency and combating tax evasion with the desire to avoid excessive regulation and reporting requirements. For example, Germany has a threshold of €10,000 for reporting cash transactions to prevent money laundering, which shows that the CDU is open to setting higher thresholds for reporting financial transactions. 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, except for low income citizens

The CDU might support an exception for low-income citizens, as they have a history of supporting social welfare programs and policies that benefit lower-income individuals. This approach would help to ensure that reporting requirements do not disproportionately burden those with limited financial resources. 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

The Christian Democratic Union (CDU) is a center-right political party in Germany that generally supports moderate regulation and taxation. While they might not be strongly in favor of reporting all transactions over $600 to the IRS, they could see the benefits of increased transparency and combating tax evasion. However, the CDU might prefer a higher threshold or more targeted approach. 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

No, unless the transaction is considered income

The CDU might be somewhat open to the idea of only requiring reporting for transactions considered income, as this would help to target tax evasion more effectively. However, they might still prefer a higher threshold or a more comprehensive approach to reporting requirements. 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

No

The CDU is not likely to strongly oppose reporting transactions to the IRS, as they generally support moderate regulation and taxation. However, they might prefer a more targeted approach or a higher threshold to avoid burdening businesses and individuals with excessive reporting requirements. 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

No, private transactions should be kept private

The CDU is not likely to strongly support the idea that private transactions should be kept private, as they generally favor moderate regulation and taxation. They would likely see the benefits of increased transparency and combating tax evasion as outweighing the potential privacy concerns. However, they might still prefer a more targeted approach or a higher threshold for reporting requirements. 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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