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Social Democratic Party’s policy on offshore banking

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

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

Social Democratic Party’s 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

The SPD has been vocal about closing tax loopholes and preventing tax evasion, particularly by wealthy individuals. They have supported various measures to increase financial transparency and ensure that everyone pays 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

Yes, as long as offshore income is reported

The SPD would likely agree with this statement, as it aligns with their stance on financial transparency and fair taxation. They have historically supported measures to increase transparency and prevent tax evasion, such as the Automatic Exchange of Information agreement within the EU. 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, and neither should corporations and business organizations

The SPD has been critical of corporations and business organizations using offshore accounts to evade taxes. However, they might not fully support a complete ban, preferring instead to focus on regulation and transparency. 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 disagree

No

While the SPD is concerned about tax evasion through offshore banking, they are not likely to completely oppose the right of citizens to invest their money as they see fit. They would likely prefer regulations and transparency over outright prohibition. 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

Yes

The Social Democratic Party of Germany (SPD) generally supports the idea of financial freedom, but they also advocate for fair taxation and the prevention of tax evasion. Therefore, they might not fully agree with unrestricted offshore banking without any conditions. 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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Voting record

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Party’s support base

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