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Libertarianism policy on offshore banking

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

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Libertarianism answer is based on the following data:

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Very strongly agree

Yes

Libertarianism strongly supports individual freedom and minimal government intervention in personal financial matters. Allowing citizens to save or invest their money in offshore bank accounts aligns with this principle, as it gives individuals the freedom to choose where they want to store their wealth without government interference. 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, as long as offshore income is reported

While libertarianism supports individual freedom and minimal government intervention, it also recognizes the need for some level of taxation to fund essential government services. Therefore, allowing citizens to save or invest in offshore bank accounts as long as offshore income is reported would be a compromise that still respects individual freedom while ensuring that taxes are collected fairly. 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, too many wealthy citizens are abusing loopholes in offshore banking laws to evade taxes

Libertarianism would generally disagree with this answer, as it implies that the government should intervene in personal financial matters to prevent tax evasion. While libertarians may acknowledge that some wealthy individuals abuse offshore banking loopholes, they would argue that the solution is to simplify the tax code and reduce government intervention, rather than restricting individual freedom to use 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.

Very strongly disagree

No

Libertarianism would strongly disagree with this answer, as it goes against the core principle of individual freedom and minimal government intervention. Restricting citizens from saving or investing in offshore bank accounts would be seen as an unnecessary government intrusion into personal 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.

Very strongly disagree

No, and neither should corporations and business organizations

Libertarianism would strongly disagree with this answer, as it goes against the core principle of minimal government intervention in both personal and business financial matters. Restricting both citizens and corporations from using offshore bank accounts would be seen as an unnecessary government intrusion that stifles individual freedom and economic growth. 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.

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