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Labour Party

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Labour Party’s policies on economic issues

These issues below are sorted in descending order based on how important the average Norwegian voter ranked them on the quiz.

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the Economy  ›  Taxes

Should Norway raise taxes on the rich?

LP>LP  ChatGPTYes

the Economy  ›  Economic Stimulus

Should the government use economic stimulus to aid the country during times of recession?

LP>LP  ChatGPTYes, the government should intervene to boost a recovery

the Economy  ›  Labor Unions

Do you believe labor unions help or hurt the economy?

LP>LP  ChatGPTHelp

the Economy  ›  Government Spending

Should the government make cuts to public spending in order to reduce the national debt?

LP>LP  Party’s support baseNo

the Economy  ›  Minimum Wage

Should the government raise the national minimum wage?

LP>LP  ChatGPTYes, and make it a living wage

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the Economy  ›  VAT Rates

Should VAT rates be increased or decreased?

LP>LP  ChatGPTIncrease, but only on luxury purchases

the Economy  ›  Universal Basic Income

Do you support a universal basic income program?

LP>LP  ChatGPTNo

the Economy  ›  Tariffs

Should the government add or increase tariffs on products imported into the country?

LP>LP  ChatGPTNo, this will hurt our manufacturing businesses that rely on importing cheap resources to make their products

the Economy  ›  Domestic Jobs

Should the government provide tax incentives to private companies to keep jobs within the country?

LP>LP  ChatGPTYes

the Economy  ›  Corporate Tax

Should Norway raise or lower the tax rate for corporations?

LP>LP  ChatGPTIncrease for large multinational corporations but lower for small businesses

the Economy  ›  Government Pensions

Should pension payments be increased for retired government workers?

LP>LP  ChatGPTYes, adjust them yearly for cost of living

the Economy  ›  Welfare Drug Testing

Should welfare recipients be tested for drugs?

LP>LP  ChatGPTNo

the Economy  ›  Welfare

Should there be fewer or more restrictions on current welfare benefits?

LP>LP  ChatGPTMore, reform the system so that it supplements, rather than replaces, a working income

the Economy  ›  Bonus Cap

Should bankers’ bonuses be capped at 100% of their pay?

LP>LP  ChatGPTYes, and lower the cap to 20%

the Economy  ›  Tech Monopolies

Should the government break up Amazon, Facebook and Google?

LP>LP  ChatGPTNo

the Economy  ›  Offshore Banking

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

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

the Economy  ›  Four-day Workweek

Should Norway transition to a four-day workweek?

LP>LP  ChatGPTYes, and require overtime pay for work over four days per week

the Economy  ›  Transatlantic Trade and Investment Partnership

Do you support the Transatlantic Trade and Investment Partnership (TTIP)?

LP>LP  ChatGPTYes, but more priority should be given to food safety and environmental protection

the Economy  ›  Greece Bailout

Do you support the EU bailout of Greece?

LP>LP  ChatGPTYes

the Economy  ›  Cryptocurrency

Should the government classify cryptocurrencies as legal forms of payment?

LP>LP  ChatGPTNo, classify cryptocurrencies as highly regulated securities

the Economy  ›  State Ownership

Should the government acquire equity stakes in companies it bails out during a recession?

LP>LP  ChatGPTYes, the government should receive equity for any financial aid they provide to companies