Presidential Candidate Wants To Give Everyone $1,000 A Month In Free Cash

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Democratic presidential hopeful Andrew Yang is vowing to pay every American citizen between the ages of 18 and 64 a $1,000 check once a month if he is elected in 2020.

Yang, who is running his presidential campaign largely around the idea of universal basic income, already launched a pilot program for free cash payments known as the Freedom Dividend, CNBC reported on Wednesday.

For the program, Yang selected a family in Goffstown, New Hampshire, who he says will be receiving $12,000 in free cash for the year.

To fund a larger-scale version of his plan that would cover all Americans, Yang told CNBC he plans to impose value-added tax of 10 percent on the goods and services that a company produces once he is elected.

The move could reportedly raise anywhere between $500 billion-$1 trillion depending on how the tax is applied.

Read more at The Hill.

{Matzav.com}

9 COMMENTS

  1. Really? And who are you going to confiscate it from in order to give it away how stupid people are from those who offer it to those who might actually believe it

  2. Wow. I can’t wait. I have a long list of all the things I’m going to do with my monthly check. I’ll vote for him early and often.

  3. “For the program, Yang selected a family in Goffstown, New Hampshire, who he says will be receiving $12,000 in free cash for the year”

    There is no such law currently on the books that I know of. So why isn’t this a classic case of a bribe. Aren’t there laws forbidding payment (payments that are not enshrined in law) in exchange for a vote?

  4. Approx. 200 Million people x 12k/year is almost 2.5 TRILLION dollars. His proposed tax will supposedly raise “between $500 billion-$1 trillion”. How is he planning to pay for the rest of it?

    Commie idiot.

  5. This is bright. So bright you will see it from space. He will burn down America.

    What a dreaming gay child. Well, anyone can run. Brain yet imagined safe.

    Gold turns away.

    • Stomach pains, cramps, sour stomach, gurd, etc… Challa eating is hurting me. Whole wheat Matzah is the future.

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