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Author Topic: Andrew Yang for President  (Read 8746 times)

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Offline Dok_Champa

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Andrew Yang for President
« on: July 01, 2019, 03:42:20 PM »
Ok, I'm trying to learn more about this candidate.  He says if he becomes president, he's going to give every citizen over 18 years old $1000 each month.  My question, how is he going to do this?  Where does the money comes from?  Anyone know?



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Offline Reporter

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Re: Andrew Yang for President
« Reply #1 on: July 01, 2019, 03:57:07 PM »
Taxes for sure.





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Offline hmgROCK

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Re: Andrew Yang for President
« Reply #2 on: July 02, 2019, 07:16:16 AM »
Ok, I'm trying to learn more about this candidate.  He says if he becomes president, he's going to give every citizen over 18 years old $1000 each month.  My question, how is he going to do this?  Where does the money comes from?  Anyone know?

they call it the universal basic income
its money for you to live
you can pay your rent, bill, or buy booze, whatever....

with a steady income
you can focus on job and your passion, that don't pay good aka (artist, support, family, craft, etc...)


many ways to fund this
but the easily is to just cut some of the defense budget
we don't need 3,000 whatever many bases the US have all over the world



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Offline YAX

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Re: Andrew Yang for President
« Reply #3 on: July 02, 2019, 08:53:30 AM »
Ok, I'm trying to learn more about this candidate.  He says if he becomes president, he's going to give every citizen over 18 years old $1000 each month.  My question, how is he going to do this?  Where does the money comes from?  Anyone know?
We keep saying that about Trump's wall and he kept telling us Mexico was gonna pay for  it.  If we believe Trump, why not give this guy a chance?  I'd prefer $1K over a wall to fend off mexicans.



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Offline Reporter

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Re: Andrew Yang for President
« Reply #4 on: July 02, 2019, 09:52:03 AM »
The border isn't just used by Mexicans. Most Latinos come through that border.

We keep saying that about Trump's wall and he kept telling us Mexico was gonna pay for  it.  If we believe Trump, why not give this guy a chance?  I'd prefer $1K over a wall to fend off mexicans.



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Offline hmgROCK

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Re: Andrew Yang for President
« Reply #5 on: July 02, 2019, 10:40:56 AM »
We keep saying that about Trump's wall and he kept telling us Mexico was gonna pay for  it.  If we believe Trump, why not give this guy a chance?  I'd prefer $1K over a wall to fend off mexicans.

im tired of these wall fight at this point
just give the dude the money and be done
and moved onto healthcare and homeless problem
and gun violence



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Offline YAX

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Re: Andrew Yang for President
« Reply #6 on: July 02, 2019, 01:45:49 PM »
The border isn't just used by Mexicans. Most Latinos come through that border.
yeah, the Latinos from those three Mexican countries that Fox news mentioned. Lol



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Offline Dok_Champa

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Re: Andrew Yang for President
« Reply #7 on: July 02, 2019, 02:08:02 PM »
Ok, it seems like Andrew Yang's main platform is UBI, he needs to explain how he's going to pay for this in simpler term so the rest of America can understand and support him.  In many of his campaign, he didn't say much other then having those rich tech giant like Amazon pay their fair share of taxes which pays for UBI and benefits of UBI is when people have $$ they spend $$ which generates more $$, his philosophy. 



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Offline w1s3m0n

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Re: Andrew Yang for President
« Reply #8 on: July 02, 2019, 09:53:54 PM »
How would we pay for Universal Basic Income?
It would be easier than you might think. Andrew proposes funding UBI by consolidating some welfare programs and implementing a Value-Added Tax (VAT) of 10%. Current welfare and social program beneficiaries would be given a choice between their current benefits or $1,000 cash unconditionall y – most would prefer cash with no restriction.

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 a Universal Basic Income will come from 4 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 Universal Basic Income because people already receiving benefits would have a choice but would be ineligible to receive the full $1,000 in addition to current benefits.

Additionally, we currently spend over one trillion dollars on health care, incarceration, homelessness services and the like.  We would save $100 – 200+ billion as people would take better care of themselves and avoid the emergency room, jail, and the street and would generally be more functional.  Universal Basic Income 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 would 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 and activity.

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.

Source: https://www.yang2020.com/what-is-ubi/



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Offline joot

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Re: Andrew Yang for President
« Reply #9 on: July 03, 2019, 08:31:47 AM »
As much as I like Andrew Yang and his ideas.  But after careful analysis of past U.S. Presidential processes it is not how good your domestic or foreign policies are.  It's the shadowy people rallying behind you that gets you elected.   



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Offline hmgROCK

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Re: Andrew Yang for President
« Reply #10 on: July 03, 2019, 08:38:39 AM »
As much as I like Andrew Yang and his ideas.  But after careful analysis of past U.S. Presidential processes it is not how good your domestic or foreign policies are.  It's the shadowy people rallying behind you that gets you elected.

yup    O0
someone is pulling the string
and making the puppet's mouth move





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Offline Gucci K

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Re: Andrew Yang for President
« Reply #11 on: July 03, 2019, 08:39:30 AM »
Ok, it seems like Andrew Yang's main platform is UBI, he needs to explain how he's going to pay for this in simpler term so the rest of America can understand and support him.  In many of his campaign, he didn't say much other then having those rich tech giant like Amazon pay their fair share of taxes which pays for UBI and benefits of UBI is when people have $$ they spend $$ which generates more $$, his philosophy.

here's the problem...thes e new radical socialist democrats are offering free everything by taxing the rich and large multibillion$$$ companies (proposing up to 70%)...what makes you think the rich or these companies will stay in this country?  they have means and will power to go where ever they want, they will take their company, their jobs and their money, away from americans (U B N I).  any other country would welcome them with cheaper labor and still be taxed free.  we would be lucky to have a dish washing job (and hope that it pays under the table).

andrew yang will go..."here's your $1000 but oh wait, we gotta take 70% of that first because all the rich people and their companies are gone, which leaves you with $300!"

the average monthly income of $3500 will be reduced to $1050, take home.  try living on that!

sure you got free healthcare, but where are the nurses and doctors?  ain't nobody gonna want to get in that field of work, working 50-60 hours a week and get taxed 70% of their income!  private practice, specialized doctors will be eliminated. 

having done the MATH (his slogan)...he has the best platform among his competitors but it's not going to work.


oh...last but not least, since trump was a russian spy, i would not be surprised if he's a chinese spy! ha!
 


« Last Edit: July 03, 2019, 08:44:49 AM by ZDN »

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Offline hmgROCK

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Re: Andrew Yang for President
« Reply #12 on: July 03, 2019, 08:43:11 AM »
here's the problem...thes e new radical socialist democrats are offering free everything by taxing the rich and large multibillion$$$ companies (proposing up to 70%)...what makes you think the rich or these companies will stay in this country?  they have means and will power to go where ever they want, they will take their company, their jobs and their money, away from americans (U and I).  any other country would welcome them with cheaper labor and still be taxed free.  we would be lucky to have a dish washing job (and hope that it pays under the table).

andrew yang will go..."here's your $1000 but oh wait, we gotta take 70% of that first because all the rich people and their companies are gone, which leaves you with $300!"

the average monthly income of $3500 will be reduced to $1050, take home.  try living on that!

sure you got free healthcare, but where are the nurses and doctors?  ain't nobody gonna want to get in that field of work, working 50-60 hours a week and get taxed 70% of their income!  private practice, specialized doctors will be eliminated. 

having done the MATH (his slogan)...he has the best idea among his competitors but it's not going to work.

don't matter
a lot of these unamerican billionaire ain't paying their fair share of taxes anyways
many of them are paying zero taxes
got off shore account
shell company

AMAZON PAID ZERO FED TAXES
LET THAT SINK IN A BIT
THE LARGEST ONLINE RETAIL PAID ZERO FED TAXES


(I AGREE WITH TRUMP ON THIS ON, MR BEZO NEED TO STOP SCREWING US)


let them go to africa and get murder by kaydoo   O0 O0


« Last Edit: July 03, 2019, 08:56:17 AM by hmgROCK »

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Offline Gucci K

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Re: Andrew Yang for President
« Reply #13 on: July 03, 2019, 09:08:13 AM »
don't matter
a lot of these unamerican billionaire ain't paying their fair share of taxes anyways
many of them are paying zero taxes
got off shore account
shell company

AMAZON PAID ZERO FED TAXES

let them go to africa and get murder by kaydoo   O0 O0
LOL...these multibillion$$ companies' tax revenues far out weighs the tax incentives.  take, for example, that amazon deal in ny...it was estimated $3billion incentive to amazon, but $27billion in tax revenues for the city.  there is no idiot in this world would falter on this deal...oh wait there is...AOC!! ha!

if amazon goes to vietnam, guaranteed to be one of the riches country in asia.  if fb or google goes to another country, guaranteed you will be charged a fee for a free account (this is where VAT, comes into play).

FYI...africa is gonna be called china2, pretty soon!



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Offline hmgROCK

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Re: Andrew Yang for President
« Reply #14 on: July 03, 2019, 09:19:35 AM »
LOL...these multibillion$$ companies' tax revenues far out weighs the tax incentives.  take, for example, that amazon deal in ny...it was estimated $3billion incentive to amazon, but $27billion in tax revenues for the city.  there is no idiot in this world would falter on this deal...oh wait there is...AOC!! ha!

if amazon goes to vietnam, guaranteed to be one of the riches country in asia.  if fb or google goes to another country, guaranteed you will be charged a fee for a free account (this is where VAT, comes into play).

FYI...africa is gonna be called china2, pretty soon!

no, bro (i do accounting work)
that the employee (aka the worker/warehouse) paying taxes
amazon will probably paid zero taxes for years to come
they get taxes credit from the state meaning amazon (the company itself will owe zero taxes)

it just a baddddd deal

even TRUMP KNOW THESE

https://www.marketwatch.com/story/trump-is-jealous-that-amazons-bezos-is-better-at-avoiding-taxes-2018-04-04

Trump has tweeted repeatedly that Amazon AMZN, +0.26%  doesn’t pay any sales tax on the things it sells. And he complained that Amazon is so good at the art of the deal that the U.S. Postal Service loses money on each one of the millions of packages it delivers for the online retail giant.

Amazon avoids $20.4 billion in sales taxes

Dean Baker and Evan Butcher did a rough calculation showing that if Amazon had always been required to collect sales taxes, it would have collected a total of $20.4 billion in sales taxes from its founding in 1994 through 2015, which is more than twice its lifetime profits of around $9.1 billion.

But wait — there’s more tax avoidance!

Amazon barely pays any federal income tax at all. Part of that is its strategy to avoid booking any profits for years, preferring to invest everything back into the business. But part of Amazon’s low tax rate is the result of aggressive tax planning.



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