Democratic Primaries
Related: About this forumAdorable Young Girl Asks Andrew Yang Multi-Part Question about Wealth Tax
primary today, I would vote for: Undecided
JGug1
(320 posts)I get a wealth tax just fine. I do NOT get where Yang, a very likable guy, is going where this $1000. gift to everyone yearly. It sounds a bit like Communism. I don't like it and it is weird.
primary today, I would vote for: Joe Biden
MichMan
(11,959 posts)primary today, I would vote for: Undecided
Give trump $1000 a month?
I dont understand this stuff. Use $ to help our base, lower income workers, underfunded minority neighborhoods with failing schools, etc.
Not giving millionaires basic income. Or free college either.
As far as the video, I agree with his corporate tax policy on tech companies vs a wealth tax. He explained it pretty well I thought.
primary today, I would vote for: Joe Biden
Sherman A1
(38,958 posts)That way it is Universal and there is no stigma attached such as we have seen for decades from our "welfare" system. Everyone gets it no questions asked. It provides all citizens an economic starting point from $1K per month as opposed to the current Zero $'s per month and will create both more jobs but a greater well being for folks. The following is from his webpage if you care to read more there is a link at the end.
Andrew would implement the Freedom Dividend, a universal basic income of $1,000/month, $12,000 a year, for every American adult over the age of 18. This is independent of ones work status or any other factor. This would enable all Americans to pay their bills, educate themselves, start businesses, be more creative, stay healthy, relocate for work, spend time with their children, take care of loved ones, and have a real stake in the future.
Other than regular increases to keep up the cost of living, any change to the Freedom Dividend would require a constitutional amendment.
It will be illegal to lend or borrow against ones Dividend.
A Universal Basic Income at this level would permanently grow the economy by 12.56 to 13.10 percentor about $2.5 trillion by 2025and it would increase the labor force by 4.5 to 4.7 million people. Putting money into peoples hands and keeping it there would be a perpetual boost and support to job growth and the economy.
https://www.yang2020.com/policies/the-freedom-dividend/
primary today, I would vote for: Undecided
redqueen
(115,103 posts)It would be used directly in small towns and low income neighborhoods and stimulate those areas more effectively than any method yet tried.
I've been dreaming of the possibility of seeing the opposite of trickle down economics almost my entire life. I truly hope we put this into practice because it will end the GOP.
As for why everyone gets it - the same reason rich people get to enjoy roads and libraries and everything else that is shared.
It also makes this type of program MUCH harder to kill. If only some people benefit, then it is easier to target it for cuts or elimination.
Further, the idea that we shouldn't help the vast majority of Americans because a few rich people will also get it is abhorrent to me.
primary today, I would vote for: Undecided
squirecam
(2,706 posts)But disagree. We have much to spend on and not enough funds, as well as an ever increasing debt.
College aid is means tested, such as Pell grants. Thats the way you aid those who need it.
Trump doesnt need a basic income. I certainly am not in favor of this program.
primary today, I would vote for: Joe Biden
redqueen
(115,103 posts)I prefer UBI because of, not in spite of, the 'universal' part.
primary today, I would vote for: Undecided
Sherman A1
(38,958 posts)We will have the money and while there are some that don't need it as you mentioned, they are still citizens of the country and as such should have the same benefits.
primary today, I would vote for: Undecided
redqueen
(115,103 posts)It's capitalism that doesn't start at 0 and it has been championed by people like Thomas Paine, MLK, etc.
Here's a breakdown on why VAT+UBI is better than a wealth tax.
(And here's the entire panel debate about a wealth tax if you're interested.)
primary today, I would vote for: Undecided
Sherman A1
(38,958 posts)primary today, I would vote for: Undecided
redqueen
(115,103 posts)I think that's why he resonates with so many people who just never were invested in politics before.
primary today, I would vote for: Undecided
Doremus
(7,261 posts)I've been intrigued by Yang since I first saw him on the debate stage. What are his ideas regarding climate change and universal health care? I'd like to read more about him. Thanks.
primary today, I would vote for: Undecided
Sherman A1
(38,958 posts)I also posted them one by one last year in the Yang Group with a link for each one to his web page.
https://www.yang2020.com/policies/
primary today, I would vote for: Undecided
Doremus
(7,261 posts)primary today, I would vote for: Undecided
redqueen
(115,103 posts)but I'll just give my personal take on these.
I like Yang's spin on the GND - one major difference is the fact that Yang will not ban nuclear energy. I have looked into how this practice has affected the environment in places where it has and has not been tried, and as one would expect, shutting down nuclear results in more greenhouse gasses. So that's important to me.
He also takes a decidedly globalist view of the issue, because of course we can make all the changes we want but if we don't address the situation in places like China, india, Africa, etc, then we cannot win this fight.
As for healthcare - his plan lines up more with Buttigieg's - a public option, which is what we were all pushing for last time. He does recognize that a single payer system would be best however getting that through Congress is the trick. As always, his solutions are pragmatic first and foremost.
Apologies if I am wrong on any of these details this is just my take, and thanks for your interest!
primary today, I would vote for: Undecided
Doremus
(7,261 posts)I appreciate the info and your take on it. Yang is a talented, sincere young man and I'm glad he's on our side.
primary today, I would vote for: Undecided
Response to redqueen (Original post)
Sherman A1 This message was self-deleted by its author.