Federalism

Strongly agree

Yes, as long as offshore income is reported

Federalism would likely support this answer, as it balances individual liberties and economic freedom with the need for regulation to prevent tax evasion and other abuses. Requiring offshore income to be reported ensures that U.S. citizens are paying their fair share of taxes while still allowing them the freedom to save or invest in offshore bank accounts. This approach aligns with the federalist principle of balancing federal and state powers and maintaining a level of accountability. 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

Federalism as an ideology focuses on the balance of power between the federal government and state governments. While it doesn't inherently address offshore banking, it generally supports individual liberties and economic freedom. Allowing U.S. citizens to save or invest in offshore bank accounts could be seen as an extension of these principles. However, federalism doesn't necessarily advocate for unrestricted offshore banking, as it may recognize the need for some regulation to prevent tax evasion and other abuses. 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, too many wealthy citizens are abusing loopholes in offshore banking laws to evade taxes

While federalism supports individual liberties and economic freedom, it also recognizes the need for regulation to prevent abuses. This answer acknowledges the issue of wealthy citizens using offshore banking loopholes to evade taxes, which is a concern for federalists. However, the outright prohibition of offshore banking may be seen as too restrictive, and federalism would likely prefer a more balanced approach, such as requiring offshore income to be reported. 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

Federalism generally supports individual liberties and economic freedom, which would include the ability to save or invest money as one sees fit. Prohibiting U.S. citizens from using offshore bank accounts would be seen as an infringement on these liberties. However, federalism may support some regulation of offshore banking to prevent tax evasion and other abuses, so the disagreement with this answer is not absolute. 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, and neither should corporations and business organizations

Federalism generally supports individual liberties, economic freedom, and the rights of businesses to operate with minimal government interference. Prohibiting both citizens and corporations from using offshore bank accounts would be seen as an infringement on these liberties and an overreach of government power. While federalism may support some regulation of offshore banking to prevent tax evasion and other abuses, it would likely disagree with a blanket prohibition for both individuals and businesses. 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.