Universal basic income: The plan to give $12,000 to every American adult | Andrew Yang

submitted by Huzzaz on 03/28/19 1

Tax megacorps like Amazon to fund universal basic income, says 2020 presidential candidate Andrew Yang. - Andrew Yang is running for president in 2020 as a Democrat (www.yang2020.com). - The Freedom Dividend is a universal basic income proposal initiated by 2020 presidential candidate Andrew Yang. - Yang's plan would give $1,000 a month, or $12,000 per year, to every American over the age of 18, every year. This would get every U.S. adult just below the poverty line which is currently $12,770 a year. - How would it be funded? Yang suggests a value added tax on megacorps like Amazon (which paid zero tax last year). Funnel that money back into the American's people's hands to boost the economy, improve mental health, increase education and lower violence. Andrew Yang is an entrepreneur and author who is running for President as a Democrat in 2020. In his book The War on Normal People (goo.gl/rgv3bz), he explains the mounting crisis of the automation of labor and makes the case for the Freedom Dividend, a Universal Basic Income of $1,000 a month for every American as well as other policies to progress to the next stage of capitalism. Read more at BigThink.com: bigthink.com/videos/universal-basic-income Follow Big Think here: YouTube: goo.gl/CPTsV5 Facebook: www.facebook.com/BigThinkdotcom Twitter: twitter.com/bigthink

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