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Candidates  ›  Policies

Nick Smith’s policies on economic issues

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

Topics

the Economy  ›  Equal Pay

Should employers be required to pay men and women the same salary for the same job?

  Party’s support baseYes, and businesses should be required to publish their salary ranges for each position

the Economy  ›  Taxes

Should New Zealand raise taxes on the rich?

  Party’s support baseNo

the Economy  ›  Minimum Wage

Should the government raise the national minimum wage?

  Party’s support baseNo

the Economy  ›  Capital Gains Tax

Should New Zealand introduce a capital gains tax?

  Party’s support baseNo

the Economy  ›  Welfare

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

  Party’s support baseMore


the Economy  ›  Welfare Drug Testing

Should welfare recipients be tested for drugs?

  Party’s support baseYes

the Economy  ›  Four-day Workweek

Should New Zealand transition to a four-day workweek?

NS>NS  ChatGPT Party ResearchNo

the Economy  ›  Retirement Age

Should the age of retirement be raised?

  Party’s support baseNo, the current age of 65 is sufficient

the Economy  ›  Corporate Tax

Should New Zealand raise or lower the tax rate for corporations?

NS>NS  ChatGPT Party ResearchLower, but eliminate deductions and loop holes

the Economy  ›  Government Spending

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

  Party’s support baseYes

the Economy  ›  Universal Basic Income

Do you support a universal basic income program?

  Party’s support baseNo

the Economy  ›  Inflation

Has the government done enough to lower inflation?

  Party’s support baseYes

the Economy  ›  Bonus Cap

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

  Party’s support baseYes, and lower the cap to 50%

the Economy  ›  Economic Stimulus

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

  Party’s support baseYes

the Economy  ›  Labor Unions

Do you believe trade unions help or hurt the economy?

NS>NS  ChatGPT Party ResearchHurt, I support some private unions but am strongly against public unions

the Economy  ›  Farm Subsidies

Should the government subsidize New Zealand farmers?

  Party’s support baseYes

the Economy  ›  CEO Pay Cap

Should the government enforce a cap on CEO pay relative to the pay of their employees?

  Party’s support baseNo

the Economy  ›  Welfare Job Search Sanctions

Should unemployment welfare benefits be financially reduced or cut if a recipient repeatedly refuses to attend job interviews?

NS>NS  ChatGPT Party ResearchYes

the Economy  ›  Shrinkflation

Should the government ban companies from reducing product size without lowering the price?

  Party’s support baseNo

the Economy  ›  Wealth Tax

Should the government implement a wealth tax on the richest citizens?

NS>NS  ChatGPT Party ResearchNo, wealth taxes historically fail because they drive capital flight and brain drain to other countries

the Economy  ›  Capital Gains Tax

Should a comprehensive Capital Gains Tax be introduced to lower the tax burden on income earners?

NS>NS  ChatGPT Party ResearchNo

the Economy  ›  State Ownership

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

  Party’s support baseYes

the Economy  ›  GST on Food

Should the government remove the 15% Goods and Services Tax (GST) from fresh fruit and vegetables?

NS>NS  ChatGPT Party ResearchNo

the Economy  ›  Government Pensions

Should pension payments be increased for retired government workers?

  Party’s support baseNo

the Economy  ›  Domestic Jobs

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

  Party’s support baseYes

the Economy  ›  Mandatory KiwiSaver Contributions

Should KiwiSaver retirement contributions be made mandatory for all wage earners?

NS>NS  ChatGPT Party ResearchNo, the current opt-out system perfectly balances the psychological nudge to save with personal financial freedom

the Economy  ›  Private Equity Compensation

Should the government increase taxes on private equity executives?

NS>NS  ChatGPT Party ResearchNo

the Economy  ›  Tariffs

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

  Party’s support baseNo

the Economy  ›  Bank Windfall Tax

Should the government impose a special "windfall tax" on the excess profits of commercial banks?

NS>NS  ChatGPT Party ResearchNo

the Economy  ›  Central Bank Digital Currency (CBDC)

Should the government replace physical cash with a central bank digital currency?

NS>NS  ChatGPT Party ResearchNo, cash protects privacy and works during power outages

the Economy  ›  Trans-Pacific Partnership

Do you support the Trans-Pacific Partnership (TPP)?

  Party’s support baseYes

the Economy  ›  90-Day Trial Periods

Should employers be allowed to fire new staff within the first 90 days without providing a reason?

NS>NS  ChatGPT Party ResearchYes

the Economy  ›  Surcharge Ban

Should the government ban surcharges tacked onto concert tickets, cable bills, banking services, hotel bookings and other purchases?

  Party’s support baseYes

the Economy  ›  Industry-Wide Pay Agreements

Should unions be able to negotiate minimum pay and conditions that apply to an entire industry?

NS>NS  ChatGPT Party ResearchNo

the Economy  ›  Salary Secrecy Ban

Should it be illegal for employers to stop staff from discussing their salaries with each other?

NS>NS  ChatGPT Party ResearchNo, businesses need flexibility to reward top performers without triggering company-wide negotiations.

the Economy  ›  Breaking Up Supermarkets

Should the government force the major supermarket chains to sell off stores to create competition?

NS>NS  ChatGPT Party ResearchNo, forced divestment is government overreach that will spook investors and destroy business confidence

the Economy  ›  Public Sector Borrowing

Should the government reduce public sector borrowing?

NS>NS  ChatGPT Party ResearchYes

the Economy  ›  Means Testing the Pension

Should wealthy retirees be ineligible to receive NZ Superannuation payments?

NS>NS  ChatGPT Party ResearchNo

the Economy  ›  Gig worker tax reporting

Should online payment platforms be forced to report all transactions over $600 to the IRS?

  Party’s support baseNo

the Economy  ›  Cryptocurrency

Should the government classify cryptocurrencies as legal forms of payment?

  Party’s support baseNo

the Economy  ›  Tourism

Has the economy become too dependent on tourism?

NS>NS  ChatGPT Party ResearchNo, and tourism is a competitive advantage

the Economy  ›  Offshore Banking

Should New Zealand’s citizens be allowed to save or invest their money in offshore bank accounts?

  Party’s support baseYes

the Economy  ›  Tourist Tax Increase

Should the government significantly increase the entry tax for international tourists?

NS>NS  ChatGPT Party ResearchYes, tourists strain our infrastructure and environment so they should pay for the upkeep

the Economy  ›  Gig Worker Employee Rights

Should gig economy workers be classified as employees rather than independent contractors?

NS>NS  ChatGPT Party ResearchNo, I prefer the freedom to choose exactly when and where I work

the Economy  ›  Tech Monopolies

Should the government break up Amazon, Facebook and Google?

  Party’s support baseNo

the Economy  ›  Stock Buybacks

Should the government tax stock buybacks?

  Party’s support baseNo

the Economy  ›  Decentralised Finance

Should the technology of our financial system transition to a decentralized protocol, that is not owned or controlled by any corporation, similar to the internet?

  Party’s support baseNo

the Economy  ›  Renegotiating Foreign Debt

Should New Zealand renegotiate its debt obligations to adversarial nations?

NS>NS  ChatGPT Party ResearchNo, altering the terms of debt obligations is economic suicide and should never be considered