In an interview with CNN's Poppy Harlow and Jim Sciutto, Andrew Yang said he isn't yet publicly endorsing a candidate but that he will support "whoever the Democratic nominee is."
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He gets more media coverage after leaving the race than when he was in it
@HemiHead664
There’s a lot of corruption in both parties I like to see going to prison like all of George Soros puppets .
@conference Justice
Yeah, Soros for prison, too. You won’t hear me complaining.
@HemiHead664
Same here.
clonesyphergirls.link/fayZiyMktEs
He will go down as another Ross Perot…. everyone scoffed at him when he said ” the sucking sound is your jobs going overseas ” and it turned out he was correct…. Yang will be proven correct on UBI as well maybe years from now …
@RIXRADvidz “A Value Added Tax (VAT) is a tax on the production of goods or services a business produces. It is a fair tax and it makes it much harder for large corporations, who are experts at hiding profits and income, to avoid paying their fair share. A VAT is nothing new. 160 out of 193 countries in the world already have a Value Added Tax or something similar, including all of Europe which has an average VAT of 20 percent.
The means to pay for the basic income will come from four sources:
1. Current spending: We currently spend between $500 and $600 billion a year on welfare programs, food stamps, disability and the like. This reduces the cost of the Freedom Dividend because people already receiving benefits would have a choice between keeping their current benefits and the $1,000, and would not receive both.
Additionally, we currently spend over 1 trillion dollars on health care, incarceration, homelessness services and the like. We would save $100 – 200+ billion as people would be able to take better care of themselves and avoid the emergency room, jail, and the street and would generally be more functional. The Freedom Dividend would pay for itself by helping people avoid our institutions, which is when our costs shoot up. Some studies have shown that $1 to a poor parent will result in as much as $7 in cost-savings and economic growth.
2. A VAT: Our economy is now incredibly vast at $19 trillion, up $4 trillion in the last 10 years alone. A VAT at half the European level would generate $800 billion in new revenue. A VAT will become more and more important as technology improves because you cannot collect income tax from robots or software.
3. New revenue: Putting money into the hands of American consumers would grow the economy. The Roosevelt Institute projected that the economy will grow by approximately $2.5 trillion and create 4.6 million new jobs. This would generate approximately $800 – 900 billion in new revenue from economic growth.
4. Taxes on top earners and pollution: By removing the Social Security cap, implementing a financial transactions tax, and ending the favorable tax treatment for capital gains/carried interest, we can decrease financial speculation while also funding the Freedom Dividend. We can add to that a carbon fee that will be partially dedicated to funding the Freedom Dividend, making up the remaining balance required to cover the cost of this program.”
“Wouldn’t the Value-Added Tax just get passed on to consumers, “cancelling out” the UBI?
No.
First, not all goods will be subject to the VAT. Staples such as groceries and clothing will be excluded from the VAT.
Second, the assumption that the entire VAT would get passed on to consumers is incorrect. Consumers are price sensitive, and the demand for most goods is at least somewhat elastic. While prices will likely increase on many goods, the increase will, for the most part, be smaller than the VAT as producers find more efficient ways to produce goods and adjust prices to maximize profitability.
Finally, an individual would have to buy a lot of non-exempt items in order to “cancel out” the value of the UBI. Assuming all goods are subject to a VAT and the entire VAT is passed on to consumers, an individual would have to buy $120,000 worth of items before the extra costs associated with a VAT “use up” their UBI. As stated above, those two assumptions are wrong, and most people aren’t spending nearly that much money.”
– yang2020.com
@RIXRADvidz To summarize, a Value-Added Tax excluding necessities like groceries, a Carbon Fee, consolidation of welfare programs, and savings in publicly funded healthcare services.
@RIXRADvidz YouTube Andrew Yang, he explains how UBI can be funded. His plans made sense to me.
@Francisco Valladares what will you do when you lazy fucks run out of money.
@Geth Creator the people who say taxes need to be increased don’t pay any taxes
This race gotten bored now, since Yang is out.
Sure but i will hang in there and there is a lot off work still to do with this campain and getting to organise all campains and office work and get to know you all -that will be fun Right – ++ song for you to cheer up -https://www.youtube.com/watch?v=9YVdj7Ow7Wk
Can you help me investigate these Barr and Juliano Company at the bottom now and also charge them with the bribery crimes in office they are apperently doing and these Republicans during the vote is that legal ??? to be bias like that after you swear in for maintaining the TRUTH ??? According to the Constitution -Can we make a claim here for the protection off the Constitutional rights and the Protection of Democracy ++ song I play now to become Happy again -lets make FORWARD++Sure but i will hang in there and there is a lot off work still to do with this campain and getting to organise all campains and office work and get to know you all -that will be fun Right – ++ song for you to cheer up -https://www.youtube.com/watch?v=9YVdj7Ow7Wk This is a shameless criminal leadership for our international world. Hope they can learn something going down in history as worst case scenarious ++https://www.youtube.com/watch?v=9YVdj7Ow7Wk
Well ,I do not think that is really a Reform in planning. That will not work internationally either, we have to work paralell with agreements and negotiations with these mother contries and their citizens in this late circus as you say. It is just a complete new situation and a lot off organisations have not understood the scope off this planning and there is no international law set up yet to coop with this strange crisis ,but we have to conclude and work out mesures internationally for what is happening in all our countries it seems now ++https://www.youtube.com/watch?v=EZIxrD-8DUg
@Bill Nevins wtf are you insinuating!
hey ronnett, tulsi gabbard should be your new candidate if you like yang. she is easily the best candidate the democrats have, and the mainstream media is treating her exactly the same way they treated yang.
I don’t care who is the nominee is, they are all losers without Yang by their side.
His words about the “disease” is so true!
Andrew Yang is a Chinese commie he will be deported back to China very soon
@Day Time There is the Trump supporting racist!
@Day Time He’s Taiwanese, dimwit.
@Day Time Chinese hate Taiwanese people like we Americans hate dirty Mexicans. Tell your friends.
@MaoDopamineDong And we shall tell our friends you’re a racist hillbilly hick bigot. Go back to your crack house and home made whiskey. And YES! I’m a Mexican/ American Patriotic citizen!
The US media finally paying attention to Andrew Yang, now that he has left the race.
Andrew Yang gets lots of news coverage in China where he is from
Day Time He’s from Taiwan.
@Apocynthion Andrew Yang was really born in mainland China according to google
@Day Time He’s not from China, he’s from Schenectady, New York, His parents are immigrants from Taiwan.
@Debra Cottrill don’t you mean New York LMAO 😂
🙁 There are at least 3 or 4 other candidates who should’ve dropped out before him.
Biden!!
Andrew Yang should move back to China and work in Chinese rub and tug like his father and father’s father
soylentdean I mean no ones really sayin he didn’t do it. The senate just gave him the privilege of getting away with it. Its y’all who are labeling it a victory. People who followed the case and the evidence know its all bullshit. Yea congress did rush it, u got the dems on that one, it was a power play to make him ineligible to campaign etc. But that doesn’t change that fact that your president believes he has “powers you can not believe” and how does that separate us from a totalitarian government? By definition how is this a democracy anymore? How is he not a dictator at that point if his say is the only one that matters? Do you not value the right to vote? Or as long as ur candidate is in power ur ok with the other half of the country’s voice being suppressed? These are questions you should be asking yourself. There’s no reason to be this volatile on either side. Theres always room for healthy debate but none for suppressing the will of the people. Let’s have this fair election, but please stop playin the victim with the impeachment. He did what he did, he was acquitted as a political move, not off evidence or witnesses. The senate knew acquitting him would paint him even more god like in your eyes. Not even impeachment can beat him! That’s not the fucking point. And before you call me a dem, I’m independent… but the beauty of seeing both sides is you get a bit more truth than those who live there life in tunnel vision.
I hope the chosen candidate taps him for VP. – He is too valuable a person to leave him on the sidelines.
You forget about the importance of a well staffed cabinet. Having president and VP are important for heads, people who know more detailed information would be better placed in the cabinet who then help to inform the Pres and VP. Even though he wouldn’t get the camera following him, he’d still be able to do fantastic and meaningful work in the cabinet. As for now I think it’s important to take into consideration who our second options would be. I think Sanders is a very good choice looking at the field and who’s policies best match up with those of Yang. He understands the struggle of working class people, and that policies need to be put in place to make sure they are cared for.
static -Luigi last time I checked Hillary isn’t going to be the nominee this year
@James Callahan
No I don’t think we would have free health care. Bernie was chair of the Senate Veterans Affairs Committee during the 2014 Pheonix VA scandal and his lack of oversight and accountability resulted in the deaths of veterans. And I have free healthcare as a veteran. Just don’t need him running socialist experiments with it.
Edit: the ‘quotes’ were from the title of the video…try again.
James Callahan Former top Obama advisor: “Democrat candidates are unelectable”
National Finance
Committee member Don Peebles threw cold water :
“Bernie Sanders is not electable in the general election to be president,” he said, calling the self-described Democratic Socialist candidate a “bridge too far” for most Americans.
I think he is the smartest one.
Oh wow the media remembers he’s a candidate when he drops out #YangGangForever
@C Cage his last name is 4 letters… not hard einstein
@Penultimate Control… former Presidents with 4 letter last names: Taft, Polk and a few others.. non of those rhymed with “wang”- which by the way is slang for a dudes private parts.
Simpleton
As I said earlier this is just the beginning of his political career, he will go far in the future and everyone that supported him should be proud I hope he does stay active perhaps working within the administration and he will have many oppertunities to run in the future so we will all watch for his return. He is right we all need to unite behind the winner and put our pride aside we all have favorites but unity is what is needed to bring down the trump administration Yang is right.
hey look, Yang is ACTUALLY getting CNN time now!
Zachary Champoux
I understand that the government already steals enough of my income and scheming to steal even more is not helpful…. This is the opposite of freedom.
@Jamtommy1 i agree with you. So why would you be against it giving some back? It is better aligned with incentives than social welfare, and requires almost 0 administration.
@Jamtommy1 i agree with you tonnes. Income tax is stupid because it discourages earning income. That’s why Yang’s VAT makes sense because it taxes consumption.
No actually he had appeared in all major new networks more than some candidates.
Scribbles Scribbles Unfortunately people are paying attention to the hate and divisive media FAUX news..
This year’s election is really shinning light on how crooked the system is and how the media is helping it stay that way.
Good morning. You finally woke up. Don’t give up. Keep staying woke 🤣🤣
And yet you are here listening to the media 🤦. Imbecile!
@Mike Metcalf Well said 😊👍✌️.
dub2459 Thank goodness we have cnn and msnbc way better than fox..
Yang is such a good man, whoever wins the nomination needs to bring Yang into their cabinet.
No doubt
Off course, is that so he is the analyst and stretergy math gay making the statistics work out for the reforms and thinking these mesures out is his work and we will all have to inform and work over this net as well to adjust and inform the matters off facts.
I think he would be a great addition to the administration he is very well versed and had many great ideas worked well within the party any administration would do well to invite him in and all of his followers should be proud he ran a good race and this is just the beginning of his political career, he will go far
He was the one candidate I was voting for. I Wish he Would Have made it.
Please vote anyway. There’s no time left to play favourites
@Aaron Sinclair If Bernie makes it that’s who I’ll be voting for or any other. Democratic nominee
I’m supporting Yang because he’s not far left like other candidates. Now I will make sure that trump gets my vote
@Zero One , Im with ya. The “its Bernie’s turn” movement makes me cringe. Just cause he lost in 2016 dont make him the best today. It aint “Bernie’s turn”.
You guys could always vote for Tulsi Gabbard. I’m not sure if she is a Russian asset, just lining herself up for a Fox News job, or if she is going to run as an Independent and steal votes away from Trump, but she is still a better option than Trump.
The world isn’t ready for a visionary leader like Andrew Yang yet, he’s ahead of his time and I believe he will be back to run again..
@Dilbert Doe What does that make you? He accomplished more in his life than you ever will.
Glad you mention this enormous criminal problem This also have to bee reformed and worked very hard with REFORMING to O -tolerance and making alternative models and reform education for this as well -Will be big state programs and reforms needed to plan out for this actually international common goal :-https://www.youtube.com/watch?v=jALFdV9lLl8
Facts
He is an Idiot much like you
Mabye you shall read about that in the title as such were .-Prince Myshkin has been in Switzerland for the last four years, at a sanatorium for treatment of his epilepsy. At age 26, having recovered his health, and in possession of a legal document suggesting entitlement to a significant inheritance, he returns to Russia. In St. Petersburg, his purity and guilelessness lead many to the false conclusion that he is an “idiot”. In fact, he possesses an incisive intellect, deep emotional intelligence, and a wisdom that surpasses all the other characters in the novel.
“many people discounted you earlier…”
the face yang makes trying not to point a finger back at CNN. wish I knew what he really wanted to say.
@LAST CALL Per your master’s words “I love the poorly educated”.
@Halston Hanserd In your world it’s alternative FACTS.
Hmm… the way I see it. CNN seems to be the only mainstream media that had tried to put him under the spotlight, even though it was kinda late. I can feel Yang did influence quite a handful of reporters that they did not look at him the same as three four months ago.
CNN ignored him when he was in the race, crocodile tears and platitudes now he`s no longer running ! Shame on CNN.
He took the peoples money like Sanders not their corporate cash.
Sorry, but you got it all wong.
Van Jones was Yanggang for sure and Chris Cuomo was almost Yanggang.
Who ever is the Nominee I severely hope that they grab him as VP… we need his ideas and solutions based approach
No chance of that happening you should stop getting high on your own supply
Yang will be back stronger, more confident. He will be a force for sure.
He /Ta Andrew Yang – Will be back much more stronger thats for sure, lets just make a new coregraphy and strategic move FORWARD – A force wawe has started and we will never never stop that ,it is in my hart and nothing nothing stopps my true feelings for a human life on this planet and our care for that is like this public bursting out -We have to play this game as passionate and strong gentle makes it like Taemin is playing the tangents on this piano -WATCH ++https://www.youtube.com/watch?v=TmuC_gxum5Y
The media is featuring him after he stopped
Lol
Bunch of hypocrites, interviewing him now, after blanking him for so long. If trump gets in at year end, I am switching America off. I am sickened by that narcissist Liar-in-chief Conman and wanna be Dictator.
All the best Mr. YANG. Have a good rest, you deserve it.
Yang: “I want to help America with modern ideas to get us out this hole previous generations dug.”
MSM: *crickets*
Yang: “The writings on the wall I’m dropping out.”
MSM: *TRIPS OVER EACH OTHER TRYING TO GET THIS ON CAMERA*