Comments by "" (@thehumanity0) on "Andrew Yang Flips Pro-Trump Republican: "It's Automation Not Immigration"" video.
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@CAFEkatArt Yang apparently changed it to stack with SSDI, but it still doesn't stack with SSI ie makes you choose between UBI and SSI, which is also a form of Social Security for disabled citizens. Not to mention it's still going to make people choose between many other benefits. If he's funding it with a regressive form of sales tax (and yes, a VAT tax is regressive by definition), you would NEED to ensure those poor Americans see a net gain, and if many Americans currently receive $1,000 or more from SSI and other programs, they will likely see a net loss from his UBI. If Yang were serious about curbing poverty, he would make his UBI actually universal, not conditional only for the poorest Americans and he would fund his UBI through a top marginal tax rate, capital gains tax, re-implementing the estate tax, formally cutting corporate welfare to fund public welfare (ubi) for citizens, or even placing a tax on Wall Street speculation, which yang has mentioned before but failed to attach to any of his policies as proposed funding methods.
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@CAFEkatArt I don't think that's the problem, the issue is that it doesn't do enough for poor Americans. Nobody's going to try to nullify a program that benefits the rich more than anyone. The bottom 90% of the country will use every penny of their $1,000 allowance, while the rich will just hoard it just like they always do. Then the VAT tax will ensure that everyone pays for the program, both manufacturers and consumers. When average Americans use every cent of their federal income, they, in turn, pay for the VAT tax more than any individual wealthy person who sit on the vast majority of their wealth that is not taxed at all, this is the case even with Amazon and corporations paying a share of the VAT tax, on the individual level it is still massively unbalanced towards the rich. This results in more money being shifted towards the 1% and top income earners because it does nothing to actually push the burden of UBI on the wealthy and relieve the people who need the most help, the burden will be on average people and the working class, whether Yang supporters want to admit it or not.
Then we get to the worst party, where the poorest and most vulnerable people in the country gain nothing from the freedom dividend when they're already receiving more in benefits from SSI, food stamps, and many other programs. These people will either receive nothing from Yang's UBI or will receive far less in total than people who are much more wealthy. These people will undeniably be the biggest losers in yang's proposed economy, especially the people who gain nothing, but, in turn, have to deal with the burden of the VAT tax in one way or another.
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