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Message

re: Andrew Yang

Posted on 4/7/19 at 12:17 pm to
Posted by WeeWee
Member since Aug 2012
40175 posts
Posted on 4/7/19 at 12:17 pm to
quote:

I never heard of him


His campaign manager posts here.
Posted by keakar
Member since Jan 2017
30092 posts
Posted on 4/7/19 at 12:19 pm to
quote:

A universal basic income (as exists currently in Alaska)


you mean the royalties each native born alaskan gets as compensation for all the oil and gas taken out of the ground in that state?

thats NOT universal basic income paid for by government, its royalty check for mineral rights just like a trust payment
Posted by Antonio Moss
Baton Rouge
Member since Mar 2006
48328 posts
Posted on 4/7/19 at 12:21 pm to
quote:

A universal basic income (as exists currently in Alaska),


Not yet, maybe one day.

quote:

a move to pardon all persons convicted of nonviolent drug offences


Agree


quote:

and a "trickle up" economic poli


Been tried, doesn’t work.
Posted by Folsom
Folsom
Member since Mar 2006
3308 posts
Posted on 4/7/19 at 12:22 pm to
Andrew Young has been a member of the Council on foreign relations you were born. Don’t be fooled by his BS.
Posted by el Gaucho
He/They
Member since Dec 2010
53082 posts
Posted on 4/7/19 at 12:23 pm to
Can y’all stop with the white supremacy images?
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
51739 posts
Posted on 4/7/19 at 12:34 pm to
quote:

A true UBI would result in a post-Apocalyptic Mad Max Social Darwinist world beyond even the wettest of an-cap/minarchist wet dreams.

When the government gives you $2500/month and you can't feed your kids because you spent it frivolously, what happens? There is no SNAP. There is no WIC. You're going to be begging for charity in the streets and eventually your family will starve and die.

There is a reason Neo-Nazis support UBI, and it isn't because they're liberal.


I was wrong, Yang's site notes that payment for the UBI would come not only from possible savings to welfare payments but from a 10% VAT. I may be wrong but a VAT is far closer to sales rather than income tax and thus would first require a Constitutional Amendment.

I did some quick math on the Yang's UBI and even before the VAT the cost would be outrageous. The economic costs of a 10% VAT would just be the final nail on our economic coffin.


Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 4/7/19 at 12:52 pm to
quote:

each native born alaskan gets
Posted by Taxing Authority
Houston
Member since Feb 2010
57357 posts
Posted on 4/7/19 at 12:53 pm to
quote:

compelling arguments as solutions for America. A universal basic income
When did mass mooching become a “solution”?
Posted by Strannix
District 11
Member since Dec 2012
48976 posts
Posted on 4/7/19 at 1:06 pm to
Lol you really qznt that 1000 a month huh LMAO
Posted by jrodLSUke
Premium
Member since Jan 2011
22224 posts
Posted on 4/7/19 at 1:30 pm to
quote:

a "trickle up" economic policy.

Ugh. Yeah, let's put government in charge of our wealth because they never have issue with corruption and inefficiency.
Posted by gaetti15
AK
Member since Apr 2013
13371 posts
Posted on 4/7/19 at 1:53 pm to
quote:

A universal basic income (as exists currently in Alaska)


Not universal basic income.

Strict residency requirements.

Only get one time payment in October.

Surprise surprise, Alaska government is spending too much and wants to keep taking half of it from Alaska residents
This post was edited on 4/7/19 at 1:58 pm
Posted by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 4/7/19 at 2:11 pm to
quote:

you mean the royalties each native born alaskan gets as compensation for all the oil and gas taken out of the ground in that state?

thats NOT universal basic income paid for by government, its royalty check for mineral rights just like a trust payment


That's what Young is proposing for the countries natural resources in general
Posted by BBONDS25
Member since Mar 2008
48506 posts
Posted on 4/7/19 at 2:14 pm to
Yang has made some really silly mistakes. He equated the “freedom dividend” to corporations paying dividends. If Yang had the most basic understanding of corporate law he would realize just how insane that comparison is.
Posted by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 4/7/19 at 2:20 pm to
quote:

Ugh. Yeah, let's put government in charge of our wealth because they never have issue with corruption and inefficiency.


You realize that trickle up refers to having a minimal tax burden on middle class citizens right?
This post was edited on 4/7/19 at 2:21 pm
Posted by BBONDS25
Member since Mar 2008
48506 posts
Posted on 4/7/19 at 2:24 pm to
Define middle class.
Posted by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 4/7/19 at 2:26 pm to
quote:

Define middle class.


Middle-class income is between 67 percent and 200 percent of the median income.
Posted by BBONDS25
Member since Mar 2008
48506 posts
Posted on 4/7/19 at 2:28 pm to
So 40k-120k per person? Good start. What does trickle up propose as tax rates for those in this spread? And those below? Those above?
This post was edited on 4/7/19 at 2:29 pm
Posted by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 4/7/19 at 2:35 pm to
quote:

So 40k-120k per person? Good start. What does trickle up propose as tax rates for those in this spread? And those below? Those above?


It's a concept and I'll leave the specifics to the economists
Posted by BBONDS25
Member since Mar 2008
48506 posts
Posted on 4/7/19 at 2:36 pm to
Why aren’t economists ever filthy rich?
Posted by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 4/7/19 at 2:38 pm to
quote:

Why aren’t economists ever filthy rich?


Same reason scientists aren't
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