Andrew Yang

GrundleStiltzkin said:

So a metric fuckton of new taxes

That disproportionately hit the poorest in society (VAT and inflation).

WilburHooksHands said:

GrundleStiltzkin said:

So a metric fuckton of new taxes

Financial transaction tax is negligible, carbon tax will incentivize businesses to at least try, as we’ve said time after time VAT shouldn’t affect costs to a level that UBI cant offset and then some. Imo these are all on larger businesses that can shoulder them. Houston said its robbing from the lower class to help the middle, but the way I read it its using big business to generate rev for middle and lower class. Yangs entire platform and focus before this has been to stimulate SMBs and entrepreneurship in places other than the coasts.

VAT and carbon taxes are the most regressive type of taxes around. Add to that an injection of inflation for those services and you are literally robbing the poor to give to the rich. Especially since the last interview I saw with Yang he specifically said that current government benefits will be deducted from your $1,000/month (ie the poorest don’t get any more yet are now stuck paying VAT taxes).

It is literally stealing from the poor to give money to the middle class.

jecornel said:

HoustonHusky said:

WilburHooksHands said:

GrundleStiltzkin said:

So a metric fuckton of new taxes

Financial transaction tax is negligible, carbon tax will incentivize businesses to at least try, as we’ve said time after time VAT shouldn’t affect costs to a level that UBI cant offset and then some. Imo these are all on larger businesses that can shoulder them. Houston said its robbing from the lower class to help the middle, but the way I read it its using big business to generate rev for middle and lower class. Yangs entire platform and focus before this has been to stimulate SMBs and entrepreneurship in places other than the coasts.

VAT and carbon taxes are the most regressive type of taxes around. Add to that an injection of inflation for those services and you are literally robbing the poor to give to the rich. Especially since the last interview I saw with Yang he specifically said that current government benefits will be deducted from your $1,000/month (ie the poorest don’t get any more yet are now stuck paying VAT taxes).

It is literally stealing from the poor to give money to the middle class.

There is no middle class.

It’s shrunk to ~50% of the population...must not exist anymore...

Nobody wants to explain how the poor are getting stolen from when they are getting 12k per adult back?

I don’t know if Yang intends to replace other tax measures with his new ones or not. But politically, taxes are always additive.

jecornel said:

HoustonHusky said:

jecornel said:

Elon Musk just came out in support of Andrew.

https://thehill.com/homenews/campaign/456967-elon-musk-i-support-yang

One economic incompetent person living off the govt just endorsed another. Seems about right.

I'm sure you are much more dialed in than Elon.

I’m not dialed in enough to get billions raised for a company that has lost $9 billion and counting so far, much less get sanctioned by the SEC and steal from my stockholders to bail out my cousin’s solar failure. But keep attacking the messenger because you don’t like the message Little Jimmy.

HoustonHusky said:

WilburHooksHands said:

Nobody wants to explain how the poor are getting stolen from when they are getting 12k per adult back?

He literally said in his Joe Rogan interview that current govt benefits (ie food stamps, etc) get deducted from the $1,000/month. Not sure how else to say it.

Right, but thats exactly the point. The idea is that UBI eventually replaces other welfare programs as people are incentivized to take the $1000, which has no bureaucracy or red tape behind it unlike other welfare programs such as food stamps. Food stamps are a great example because they have weird restrictions and actually make it harder in many cases for low income people to buy actual healthy food. UBI is a far more flexible and empowering replacement. From a conservative point of view I would think this makes more sense and Im surprised you seem to be arguing for other welfare programs.

WilburHooksHands said:

HoustonHusky said:

WilburHooksHands said:

Nobody wants to explain how the poor are getting stolen from when they are getting 12k per adult back?

He literally said in his Joe Rogan interview that current govt benefits (ie food stamps, etc) get deducted from the $1,000/month. Not sure how else to say it.

Right, but thats exactly the point. The idea is that UBI eventually replaces other welfare programs as people are incentivized to take the $1000, which has no bureaucracy or red tape behind it unlike other welfare programs such as food stamps. Food stamps are a great example because they have weird restrictions and actually make it harder in many cases for low income people to buy actual healthy food. UBI is a far more flexible and empowering replacement. From a conservative point of view I would think this makes more sense and Im surprised you seem to be arguing for other welfare programs.

What are those restrictions?

WilburHooksHands said:

HoustonHusky said:

WilburHooksHands said:

Nobody wants to explain how the poor are getting stolen from when they are getting 12k per adult back?

He literally said in his Joe Rogan interview that current govt benefits (ie food stamps, etc) get deducted from the $1,000/month. Not sure how else to say it.

Right, but thats exactly the point. The idea is that UBI eventually replaces other welfare programs as people are incentivized to take the $1000, which has no bureaucracy or red tape behind it unlike other welfare programs such as food stamps. Food stamps are a great example because they have weird restrictions and actually make it harder in many cases for low income people to buy actual healthy food. UBI is a far more flexible and empowering replacement. From a conservative point of view I would think this makes more sense and Im surprised you seem to be arguing for other welfare programs.

But instead his proposal is the absolute worst of all worlds. It doesn’t replace the current structure of govt benefits so no savings occur there (most people getting those benefits get more than $1,000/month so they don’t get anything from this deal), you add another govt agency and the overhead that costs, and now the poor who didn’t get anything would now be spending a good chunk of their small income on VAT and carbon taxes which almost specifically target them. All so they can fund giving the middle class $1,000/month.

It’s fucking stupid, but because Yang is pretty articulate and jokes about being Asian and “understanding” math people eat it up without looking at the details and thinking about it.

Mohr’s Walken impression is amazing. Much better than Yang’s or Musk’s. Mohr in 2020.

Carbon tax is outright theft. Fuck that Shit!

2001400ex said:

HoustonHusky said:

WilburHooksHands said:

GrundleStiltzkin said:

So a metric fuckton of new taxes

Financial transaction tax is negligible, carbon tax will incentivize businesses to at least try, as we’ve said time after time VAT shouldn’t affect costs to a level that UBI cant offset and then some. Imo these are all on larger businesses that can shoulder them. Houston said its robbing from the lower class to help the middle, but the way I read it its using big business to generate rev for middle and lower class. Yangs entire platform and focus before this has been to stimulate SMBs and entrepreneurship in places other than the coasts.

VAT and carbon taxes are the most regressive type of taxes around. Add to that an injection of inflation for those services and you are literally robbing the poor to give to the rich. Especially since the last interview I saw with Yang he specifically said that current government benefits will be deducted from your $1,000/month (ie the poorest don’t get any more yet are now stuck paying VAT taxes).

It is literally stealing from the poor to give money to the middle class.

But then you support tariffs.

Tariffs were how we funded government before the ultra rich wanted income taxes so they could were sure they'd be repaid for the money they were loaning the government.