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Entrepreneur Andrew Yang, a Big Supporter Of Universal Basic Income, is Running For President (techcrunch.com)
In a recently published podcast, Andrew Yang, tech entrepreneur and founder of Venture for America, said he is vying for the Democratic party nomination to run for President of the United States. From a report: Yang outlines his radical policy agenda, which focuses on Universal Basic Income and includes a "freedom dividend." He talks about the very real and immediate threat of artificial intelligence, how new technologies are erasing millions of jobs before our eyes, and why we need to put humanity first. He also addresses "the big four" and what he plans to do about Amazon.
During the interview, Yang called out governments inability to address large scale problems and the challenges that technology is creating in modern American society. "I believe that we need to start owning these realities [of automation and artificial intelligence taking away jobs] and these challenges as a people, as a country, and as a society, and start being honest. I'm running for president to solve the big problems and to show that these things are not beyond us," Yang says. Yang's own plan to address the increasing power tech companies are wielding in the world involves something called a "freedom dividend", which would paid for by a value-added tax. The revenue from that tax (levied on "gains from the big four") would be redistributed via the "freedom dividend" to citizens, Yang says.
During the interview, Yang called out governments inability to address large scale problems and the challenges that technology is creating in modern American society. "I believe that we need to start owning these realities [of automation and artificial intelligence taking away jobs] and these challenges as a people, as a country, and as a society, and start being honest. I'm running for president to solve the big problems and to show that these things are not beyond us," Yang says. Yang's own plan to address the increasing power tech companies are wielding in the world involves something called a "freedom dividend", which would paid for by a value-added tax. The revenue from that tax (levied on "gains from the big four") would be redistributed via the "freedom dividend" to citizens, Yang says.
Oh, no. I'd still be working, and so would you. So we could get 95% of our income taxed, to pay the freeloaders. Meanwhile The Rich will weasel out of of paying anything. So will corporations. So once again The Poor will be paying to support The Poor, and we'll all be told to be grateful for it. UBI WILL NOT WORK!