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Communist Party

The Communist Party of Canada is a communist political party in Canada founded in 1921 under conditions of illegality.…

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Communists policy on offshore banking

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

  Public statementsNo

Communists answer is based on the following data:

Public statements

Answer: No

Reference: “End tax loopholes and shelters; collect deferred corporate taxes and jail corporate tax evaders.” ‐communist-party.ca

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Very strongly agree

No

The Canadian Communist Party would strongly agree with not allowing citizens to save or invest their money in offshore bank accounts. This is because communism aims to reduce wealth inequality and promote a more equitable distribution of resources. Offshore banking can contribute to tax evasion and wealth concentration, which are contrary to the goals of communism. 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 agree

No, and neither should corporations and business organizations

The Canadian Communist Party would strongly agree with the statement that neither citizens nor corporations and business organizations should be allowed to save or invest their money in offshore bank accounts. This stance aligns with the party's goals of reducing wealth inequality, promoting a more equitable distribution of resources, and preventing tax evasion. By including both individuals and corporations, this answer fully addresses the party's concerns about offshore banking. 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

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

The Canadian Communist Party would likely agree with the statement that wealthy citizens should not be allowed to save or invest their money in offshore bank accounts due to the abuse of loopholes in offshore banking laws to evade taxes. This aligns with the party's goals of reducing wealth inequality and ensuring a more equitable distribution of resources. However, this answer does not explicitly address the broader issue of offshore banking for all citizens, 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.

Disagree

Yes, as long as offshore income is reported

The Canadian Communist Party would likely disagree with allowing citizens to save or invest their money in offshore bank accounts, even if offshore income is reported. While reporting offshore income might address some concerns about tax evasion, it does not address the broader issue of wealth inequality and the concentration of resources that offshore banking can facilitate, which goes against the principles of communism. 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

Yes

The Canadian Communist Party would strongly disagree with allowing citizens to save or invest their money in offshore bank accounts. Communism generally opposes the accumulation of wealth and seeks to redistribute resources more equitably. Offshore banking is often associated with tax evasion and wealth inequality, which goes against the core principles of communism. 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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