Andrew Yang is just too apologetic about it.
Even if there were no robotics, no automation, no lost jobs, the freedom dividend would still make sense. The wealth inequality in this country and the world is plenty of reason to do the Universal Basic Income. That gap is unhealthy for democracy. It is unhealthy for capitalism. It is unhealthy for the market.
Elizabeth Warren is for a wealth tax. In simple terms, up to a wealth of 50 million, you don't pay. That is a high bar. But above that, you pay two cents on the dollar. So if you are Jeff Bezos, and your wealth is 100 billion, you pay two billion. Easy math. If you have to sell some of your shares in Amazon to do that, you sell.
But Warren is not (not yet) for the UBI. Warren: chicken?
Bernie Sanders: Big Chicken? The guy has this Soviet concept of work. Jobbing, is that you want?
Kamala Harris is finally like, 1K is too much. How about $500?
Kamala Harris: chicken.
The world does not stop at the Mexican border. Stop imitating Donald Trump. UBI will only work if it covers all humanity.
If you are going to lose a 50K trucking job, what are you going to do with 1K a month?
Andrew Yang: Chicken.
30-30-30-10: A More Thoughtful And Egalitarian Formula For Equity Distribution In Tech Startups For The Age Of Abundance
https://www.amazon.com/dp/B07QG48X51
The Blockchain: Fundamental Like The Internet https://www.amazon.com/dp/B07QNMBXDD
The Blockchain Rumble https://www.amazon.com/dp/B07V6QRM4D
The Character Called The Tech Entrepreneur https://www.amazon.com/dp/B07R1Q3PTZ
Inequality And Climate Change Are Existential: A Blueprint For Survival https://www.amazon.com/dp/B07RKYMC65/
Towards A World Government https://www.amazon.com/dp/B07QYPL4Q6
AOC 2028 https://www.amazon.com/dp/B07V2KF2RF
Even if there were no robotics, no automation, no lost jobs, the freedom dividend would still make sense. The wealth inequality in this country and the world is plenty of reason to do the Universal Basic Income. That gap is unhealthy for democracy. It is unhealthy for capitalism. It is unhealthy for the market.
Elizabeth Warren is for a wealth tax. In simple terms, up to a wealth of 50 million, you don't pay. That is a high bar. But above that, you pay two cents on the dollar. So if you are Jeff Bezos, and your wealth is 100 billion, you pay two billion. Easy math. If you have to sell some of your shares in Amazon to do that, you sell.
But Warren is not (not yet) for the UBI. Warren: chicken?
Bernie Sanders: Big Chicken? The guy has this Soviet concept of work. Jobbing, is that you want?
Kamala Harris is finally like, 1K is too much. How about $500?
Kamala Harris: chicken.
The world does not stop at the Mexican border. Stop imitating Donald Trump. UBI will only work if it covers all humanity.
If you are going to lose a 50K trucking job, what are you going to do with 1K a month?
Andrew Yang: Chicken.
30-30-30-10: A More Thoughtful And Egalitarian Formula For Equity Distribution In Tech Startups For The Age Of Abundance
https://www.amazon.com/dp/B07QG48X51
The Blockchain: Fundamental Like The Internet https://www.amazon.com/dp/B07QNMBXDD
The Blockchain Rumble https://www.amazon.com/dp/B07V6QRM4D
The Character Called The Tech Entrepreneur https://www.amazon.com/dp/B07R1Q3PTZ
Inequality And Climate Change Are Existential: A Blueprint For Survival https://www.amazon.com/dp/B07RKYMC65/
Towards A World Government https://www.amazon.com/dp/B07QYPL4Q6
AOC 2028 https://www.amazon.com/dp/B07V2KF2RF
Here are 6 of the 10 fastest-growing jobs in America + UBI:— Scott Santens (@scottsantens) September 8, 2019
• Personal care aide—$12k+$24,020
• Food preparer—$12k+$21,250
• Home health aide—$12k+$24,200
• Cook—$12k+$26,530
• Waiter—$12k+$21,780
• Janitor—$12k+$26,110
Everyone's income should start at 12k instead of 0. https://t.co/TQATFCXFVu
Andrew Yang: Chicken? https://t.co/wW0Je4K03I @AndrewYang @ewarren @KamalaHarris @BernieSanders @AOC @IlhanMN @RepPressley @RashidaTlaib @justicedems @sunrisemvmt @saikatc #UniversalBasicIncome @scottsantens @StudentsYang @SoCalYangGang @TasksYang @YangJews @yangganghub— Paramendra Kumar Bhagat (@paramendra) September 9, 2019
Countries around the world are pushing for a digital tax on tech giants like Amazon, Apple, Facebook and Google. So how would a digital tax work? ๐ค https://t.co/y1riJQ0tAB (via @CNBCi) pic.twitter.com/oZ0Gmt2SGJ— CNBC (@CNBC) September 9, 2019
The Freedom Dividend, Republicans can love. Because this means, no bigger government. The money goes straight to the consumer to spend. And this is money that will be spent. It will be like a nonstop stimulus to the economy.
If you decide to take UBI to all humanity, you immediately come across basic problems. Not everyone has an official ID, not everyone has a bank account, not everyone has something like a social security number, not everyone has access to credit. These problems will have to be solved fast. And it can be. Well, looks like, when you solve these problems, nobody wants to come to America. Happy, Donald? Shitty president.
This also solves the tax haven problem. Now you can't hide your money anywhere. All wealth will pay wealth tax. No matter if you keep your money in London or the Bahamas, you are paying. Parking money will no longer be an option for anyone. That will create pressure on all wealth. The rich will invest. If you are paying a 2% wealth tax, chances are you want to make at least a 5% return. Because five minus two is three. If your wealth is not generating income, it will gradually go down towards zero, as it should. Maybe not tomorrow. But in 50 years?
