Who is the Asian man standing next to Joe Biden?

Andrew Yang built a nonprofit called Venture for America (VFA) and ran it for 7 years. VFA trained entrepreneurs to help create jobs in cities like Detroit, Cleveland, St Louis, Birmingham, New Orleans. His work was given awards by the Obama administration and had a documentary made by Netflix. Yang discovered there was a deeper […]

Why give people money?

Automation and AI have pushed down wages in all jobs, even jobs that automation cannot do. While there is no jobs crisis, we do have a good jobs crisis. Despite headline unemployment around 3.8%, there are millions of people working part-time who would rather have full-time jobs. There are millions more who are too discouraged […]

Is Andrew Yang just trying to buy votes?

No, buying votes is illegal. The Freedom Dividend is universal and unconditional: recipients can vote for anyone they choose. If you are saying what I think you are saying, then any promise to help people would be considered buying votes. Companies pay their employees, and a healthier employee means a more efficient employee. The Freedom […]

OPINION: Capping the Freedom Dividend at a reasonable amount

Some are happy with a $1000/mo Freedom Dividend because it won’t stop people from working, but they’re worried the next candidate will come along offering $2000. Ways to prevent that: Require that at least 25% of the money is paid for by VAT. For example, if the VAT brought in $250/mo per person for the […]

Will Americans be taught how to handle money?

Q: Would you support initiatives for educating all Dividend recipients about budgeting, managing finances, and how to make the most of our $1000/month? A: Yes, Andrew Yang is a huge fan of financial literacy as an intrinsic part of education at the high school level. The Freedom Dividend would kick in at age 18. So […]

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 […]

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 […]