Comments by "" (@TheHuxleyAgnostic) on "Caller: Andrew Yang is Going to Disappear" video.

  1. He should go back to math class, when he drops out.
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  2. Sure, except for Bernie being talked to about those things for the past 6 years. https://medium.com/basic-income/on-the-record-bernie-sanders-on-basic-income-de9162fb3b5c
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  3.  @MrPhilsterable  Yang has math problems. Not only won't a VAT tax who he claims it will tax, but his plan adjustments, since he started, seriously affect his revenue projections, which he hasn't adjusted. He started out not having UBI stack with anything. Eliminating government services was supposed to pay for a third of his UBI. He now has it stack with SS, SSDI, and VA. All he has left to eliminate is under $400b. Nowhere close to an $800b projection. He started out with a VAT on everything. He's now going to exempt staples. That will lose him some other needed tens of billions. A third of the UBI didn't even start with initial funding, running a deficit of upwards of $800b a year, until the economy expanded enough. With his plan adjustments, it will be more like half that doesn't have initial funding, and start with a deficit of $1.2+ trillion a year. That's well over his expanded economy projection, and doesn't even account for whether the UBI is supposed to keep up with inflation, or not, or increase if there any major unemployment issues.
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  4.  @thenumbersss  Bernie's proposals are what a number of other developed countries do, before they tax consumers with a VAT. Scandinavian countries have high unionization rates. Norway nationalized oil resources. Sweden has corporations pay in for retraining. Denmark has double the percentage of government workers. Numerous countries have over double the US's minimum wage. More paid vacations. More paid parental leave. Etc. Etc. That's how you make businesses pay in. Then you put a consumption tax on better paid, higher living standard, consumers. Yang is clueless, and has a very superficial plan, that won't actually make corporations pay in. Yang doesn't have UBI stack with SSI disability, or SNAP. SSI can stack with SNAP. A disabled person on full benefits, plus kids, could be getting over $1000 a month. SNAP, alone, has a cost of living adjustment. A single parent of 3, in Alaska, could be getting over $1000 a month. Whatever the exact number, you're good with making some very poor people worse off, while handing people getting by just fine a monthly spa fund, a sportscar, or something? Yang could run as a Republican, because his plan will benefit couples, even those without kids, more than single parents, because he doesn't adjust for kids; his plan will benefit less urban, lower cost of living, areas more than urban areas, because he doesn't have an adjustment for cost of living; likewise for states with lower state taxes that do as little as possible for their citizens; a VAT doesn't actually make corporations pay anything they don't want; ...
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  5.  @matthewlake182  This is a pretty simple math problem ... No VAT: Amazon buys a product from a manufacturer for $100; the manufacturer pockets $100; Amazon sells the product to a consumer for $200; Amazon pockets $100 VAT: Amazon buys a product from a manufacturer for $100 + $10 VAT; the manufacturer sends $10 to the government and pockets $100; Amazon sells the product to a consumer for $200 + $20 VAT; Amazon sends $10 to the government and pockets $100 With the VAT, who actually ended up paying the $20 to the government?
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  6.  @MrPhilsterable  Hoping and praying some company might lower its prices isn't actually taxing them directly. The giant tech companies Yang keeps referring to are international. They're already operating in countries with VAT systems, and they aren't eating their profit margins. Amazon and Apple aren't afraid to pass along full VAT increases. https://www.theguardian.com/money/2011/jan/04/vat-rise-increase-households I don't even know where you gangers are getting this 50% pass through rate from. Studies have shown complete pass through, within months of VAT increases. https://thesis.eur.nl/pub/14962/Dijkstra-J.pdf
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  7.  @MrPhilsterable  No, not everyone. There are some number of people already getting over $1000 a month in government assistance, that Yang doesn't have stack with UBI. They won't benefit from the UBI, but will still have to pay the VAT on many things. They'll be worse off, while people already getting by just fine will get $1000 a month to blow on extras.
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  8. @Dank Memes I'm not going to vote either, dumbass, because I'm Canadian. A Canadian who has been paying a VAT for almost 30 yrs and operated a VAT registered business. Yang is spouting pure bullshit, claiming a VAT is a way to make giant corporations like Amazon "pay their fair share".
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  9.  @curtishancock432  Don't know. There are about 42 million people who get SNAP, about 5 million are seniors, and there are about 9 million people who get SSI. 28% of non-senior SNAP recipients are disabled, with 3/5th of those collecting SSI or SSDI. So, there are some 6 million people collecting both SNAP and either SSI or SSDI. The UBI only doesn't stack with SSI. It could easily be more than the 550k homeless people.
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  10.  @izzylandyt  I take it you're a moron.
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  11.  @thenumbersss  Rofl, you think many European countries have scrapped capitalism? That's hilarious.
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  12.  @dogeinhd1175  It's the VAT that's the negative, if you're already getting $1000 a month. You can't opt out of the VAT.
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  13.  @thenumbersss   And thank you, for the contradictions and nonsense.
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