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Family Firsts policy on offshore banking

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

  ChatGPTYes, as long as offshore income is reported

Family Firsts answer is based on the following data:

ChatGPT

Strongly agree

Yes, as long as offshore income is reported

Family First would likely support this position, as it aligns with their support for economic freedom while also acknowledging the need for transparency and accountability in financial matters. 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

Family First generally supports economic freedom and individual choice, which would include the ability for citizens to invest their money as they see fit. However, they have not explicitly stated a position on offshore banking, hence the score is not at the maximum. 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, too many wealthy citizens are abusing loopholes in offshore banking laws to evade taxes

While Family First would likely agree that tax evasion is a problem, they may not support a blanket ban on offshore banking as a solution. They would likely prefer a solution that targets tax evasion specifically, rather than restricting economic freedom. 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

Family First is unlikely to support restrictions on where citizens can invest their money, as this would be contrary to their general stance on economic freedom and individual choice. 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

Family First generally supports business freedom and would likely oppose restrictions on where corporations and business organizations can invest their money. They would likely prefer a solution that targets tax evasion specifically, rather than restricting economic freedom. 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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