Source: AP Photo/John Bazemore Presidential hopeful Andrew Yang wants to give everyone free money. In addition to the moral hazard created by such a move, the program would dramatically raise taxes on poor and middle income households.
The former tech entrepreneur has been deemed “moderate” – at least compared to the rest of his party. One reason for this view is his repeated clashes with Senator Elizabeth Warren on her wealth tax, bringing up how other nations had already tried (and failed) to generate revenue that way.
“I think in theory it makes a lot of sense. But the problem with […]
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