Andrew Yang: Universal Basic Income Is "Capitalism Where Income Doesn't Start At Zero"


MSNBC's Ali Velshi speaks with Democratic presidential candidate Andrew Yang about his idea to implement a $1,000 per month universal basic income, which he calls the "Freedom Dividend." Yang says the plan would be paid for by a Value Added Tax (VAT) on tech companies.

"If you imagine a household with two adults, $24,000 per year would be a game changer because right now 78% of Americans are living paycheck to paycheck, 50% can't afford an unexpected $500 bill. This financial insecurity has bred this financial insecurity that is turning us against each other and tearing us apart," Yang said about the plan.

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