What is universal basic income? Here are the basics
By Megan Cerullo
August 1, 2019 / 7:07 PM / MoneyWatch If elected, Democratic presidential candidate Andrew Yang will give every American $1,000 per month, no strings attached.You read that correctly. It’s part of the New York entrepreneur’s big, broad plan to implement a so-called universal basic income — a program he’ll call the "Freedom Dividend" — that makes regular cash payments to every American citizen over the age of 18, regardless of one’s job status or income level."Yes, that means you and everyone you know would get another $1,000/month every month […]
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