Does the Freedom Dividend require more taxes?

Yes, but you need to consider the cost/benefit of these taxes, and the harmful effects of the taxes. How do you feel about the VAT? Keep in mind that the UBI is added to your overall pay. You won’t pay more in VAT than you receive in UBI unless you spend over $10,000/month. Notice that […]

Will UBI be used as neetbucks?

Neetbucks is money for people who have basically dropped out of society. Young people who are NEET are “Not in Education, Employment or Training.” It’s been a big thing in Europe for a while. The concern that people have is that with the UBI or Freedom Dividend, young people can afford to intentionally drop out […]

Does Yang want white supremacists’ votes?

Yang has mentioned that he is concerned for poor whites as their unemployment will trigger chaos and violence. Does this serve to downplay the African American’s struggle and give an easy handle for white supremacists to latch onto? A: No. Yang rejects support from white supremacists, and has said so publicly many times. If you […]

Is the UBI a new welfare program?

No. This is not welfare. It’s universal. We are the richest, most abundant country in the history of the world, and we can easily afford $1,000/month per person. What the UBI does: Grows the economy. Enables people to afford their basic needs. Gets people’s heads above water. Helps people to invest and save for the […]

What prevents my apartment complex from raising my rent $1,000?

Q: What is to stop landlords from raising rents? If I’m a jerk landlord and everyone in my building is getting the Freedom Dividend, you might think that I could just raise the rent by $1000. I understand businesses need to be competitive, but when one is in the business of a need such as […]

Are people happy with the way things are?

People didn’t elect Donald Trump because they were happy. People aren’t committing suicide because they’re happy. People aren’t getting on disability in record numbers because they’re happy. They’re doing those things out of emptiness. – Daniel Miessler, The Problem With Pinker’s Positivity Our society has made massive gains in the last few centuries, but that […]

How will we pay for the Freedom Dividend?

A thousand dollars a month for every U.S. Citizen age 18 and over will cost about $2.1 trillion. Here’s how we’ll pay for it: Value Added Tax (VAT) of 10%, about half the typical rate in Europe. This generates about $800 billion/year. Welfare overlap: people currently receiving benefits will receive the Dividend instead. They can […]