Topics Businessman Andrew Yang may be a long shot for the Democratic nomination in the 2020 US presidential election – he is a rank outsider compared with current frontrunners Kamala Harris and Bernie Sanders. But Yang is causing a stir with the central policy pledge of his campaign: what he calls a ‘Freedom Dividend’ for every citizen, better known as Universal Basic Income (UBI).
Yang’s UBI proposal would provide every US citizen over the age of 18 with a no-strings-attached federal payment of $1,000 per month from January 2021. Yang proposes to fund this through a federal value-added tax of […]
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