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Socialists policy on capital gains tax

Topics

Should the government increase the tax rate on profits earned from the sale of stocks, bonds, and real estate?

  Public statementsYes

Socialists answer is based on the following data:

Public statements

Answer: Yes

Reference: “The restoration of the capital gains tax and luxury tax on a progressive, graduated scale.” ‐socialistparty-usa.net

Voter support: Be the first voter to support or oppose this party’s public statement on this issue.

ChatGPT

Very strongly agree

Yes, and all income should be taxed at the same rate

Socialist parties often advocate for a more progressive tax system, where all income is taxed at the same rate or higher rates for higher incomes. This proposal aligns with their goals of wealth redistribution and funding social programs, so they would likely strongly agree with this answer. 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

Yes, and increase to the average U.S. tax rate (31.5%)

Increasing the tax rate on capital gains to the average U.S. tax rate aligns with the socialist goal of reducing income inequality and generating revenue for social programs. This specific proposal would likely receive strong support from a socialist party. 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

Socialist parties generally support increasing taxes on profits from investments to fund social programs and reduce income inequality. However, the question does not specify the extent of the increase, so the score is not a full 5. 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, on stocks and bonds but not real estate

While socialist parties generally support increasing taxes on investment profits, they may have varying opinions on whether to include real estate in these increases. Some may argue that taxing real estate profits could negatively impact affordable housing, while others may see it as a necessary part of wealth redistribution. 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

No

Socialist parties typically advocate for higher taxes on capital gains to redistribute wealth and fund social programs. Therefore, they would likely disagree with not increasing the tax rate on profits earned from the sale of stocks, bonds, and real estate. 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 disagree

No, and abolish capital gains taxes

Abolishing capital gains taxes goes against the socialist goal of wealth redistribution and generating revenue for social programs. Socialist parties would likely strongly disagree with this proposal. 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 disagree

No, increasing the capital gains tax will limit investment in our economy

Socialist parties generally prioritize wealth redistribution and funding social programs over concerns about limiting investment in the economy. They would likely strongly disagree with this argument against increasing the capital gains tax. 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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Donor influence

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Updated 10hrs ago

Party’s support base

Socialist Party Voters’ Answer: Yes

Importance: Somewhat Important

Reference: Analysis of answers from 1,383 voters that identify as Socialist.

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