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Liberal National’s 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

Liberal National’s answer is based on the following data:

ChatGPT

Very strongly agree

Yes, as long as offshore income is reported

The Liberal National Party would likely strongly agree with this statement. While they support the freedom for individuals to invest their money as they see fit, they also support regulation to prevent tax evasion. This includes the requirement for 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.

Strongly agree

Yes

The Liberal National Party generally supports free market principles, which includes the freedom for individuals to invest their money as they see fit, including in offshore bank accounts. However, they also support regulation to prevent tax evasion, which is why 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

No, too many wealthy citizens are abusing loopholes in offshore banking laws to evade taxes

While the Liberal National Party supports free market principles, they also recognize the need for regulation to prevent tax evasion. However, they may not fully agree with the implication that many wealthy citizens are abusing these loopholes, hence the moderate score. 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, and neither should corporations and business organizations

The Liberal National Party generally supports free market principles, which includes the freedom for corporations and business organizations to invest their money as they see fit, including in offshore bank accounts. They would likely disagree with the blanket statement that neither citizens nor corporations should be allowed to do so. 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

The Liberal National Party would likely disagree with this statement, as it goes against their free market principles. They believe in the freedom for individuals to invest their money as they see fit, including in offshore bank accounts. 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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