Andrew Yang, the New York non-profit entrepreneur and 2020 Democratic presidential candidate who’s a bull for bitcoin and ethereum – as well as Universal Basic Income (UBI) – owes 22 political activists $22,000 toward making UBI a reality – at least according to the activists themselves. [embedded content] Universal Basic Income proponents want to create a social safety net that unconditionally and automatically pays every individual in society a certain amount of regular income to spend any way they choose. Some think of it as a reverse income tax .
But it’s not a reverse income tax for the taxpayer […]
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