It's a winning argument for the coalition he can build in the general election. Even if success is met through his policies being adopted by another candidate, it's the winning economic argument - both populist and capitalist. The challenge is sowing together these seemingly incompatible groups. The challenge is convincing people that progressive policies are not mutually exclusive from policies that spur economic growth.
This being said, I think Andrew Yang is the most adequate Candidate to champion this method.
It would also be interesting to know how it helps to mitigate evasion and what effects it has had on countries that have implemented it.
Interview here.
Many companies like wework and Uber lose money every single time, only staying afloat with debt and selling equity. However, they produce βvalueβ I guess. Uber is valued at 63b but made no money. Wouldnβt it make no sense to tax them when they donβt even make profit? Seems like it would kill them on the spot.
Hey all. So I've been an avid Yang Gang member for about a month or two now and I've been getting a lot of questions personally about how Yang is going to fund the freedom dividend and until recently I wasn't really sure. I know that he want's to implement a Value Added Tax to help fund it but I'm not really sure that thats a great idea. It looks to me like the VAT will hurt lower income earners, small/new businesses, and would hurt us initially. I've seen the pros too but I'm not sure that they outweigh the cons. I'm open to discussion and persuasion so come one come all and lets have a friendly conversation about our next presidents ideas.
hey. i need something explained to me because i feel like im not getting it. yang says the UBI will be paid for with a value added tax, but doesnt that just mean that goods will now have this tax and cost more and the consumer will have to basically pay for it?
i need this explained to me in depth. i want to get it and understand but i cant get around this hurdle.
I'm about to travel internationally and recently found this out. Each country has their own list of conditions that must be met, but Iceland (one of the country's I will be visiting) has a relatively simple process. Here is a short, informative article for Iceland's VAT refund.. In all, a little bit of research on the country's VAT refund program can help save you some money.
