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  • M

    Malcolm L KleinFeb 6, 2020 at 12:44 pm

    “These adults would then buy goods that have been highly taxed, and some may end up paying more than the $1,000 they received through the increased value-added tax.”

    Yes! If you make 10,000 a month (120,000 /year) and spend it all on VAT taxed goods then you would have no net benefit. For 2 adult family, it would be 210,000 income. Thus, everyone but the top 8% of income would net benefit, gaining far more from the dividend than they pay in new VATs. 92% of citizens would benefit!!

  • T

    TravisSep 18, 2019 at 7:03 pm

    Please do more thorough research before drawing conclusions. is an independent analysis of how Yang’s proposal can be paid. He talks about paying for his plan incessantly on almost all podcast appearances. Also, note that his taxes are predominantly on corporations, not people. Of course it’s difficult to fund anything when Amazon and Facebook and Netflix pay 0 taxes. Yang’s new taxes are intended to finally make the wealthiest companies pay something… anything.

    This is irresponsible journalism. These answers are easily found on a variety of platforms all over the internet.

  • D

    DavidSep 18, 2019 at 5:12 pm

    typical american reply as the country is sitting on 22.5 trillion in Debt

    and you are looking at 1 trillion dollar budget deficits for at least the next 10 years

    I dont see anyone asking how you are going to pay for the deficits you are seeing right now

    everyone was all for tax cuts to the corporations

    which they mostly used for Stock Buybacks and R&D to automate more jobs away

  • S

    SethSep 18, 2019 at 4:28 pm

    I’m curious to know if you took the time to look into how much we are currently paying for 126 cash-like welfare programs? Seems like we may save some money there. Also, what would this do to crime rates? Wouldn’t fewer prisoners mean more taxpayers and less weight on the existing taxpayers? What about higher graduation rates among kids? Better nutrition? Less stress and financial strain in homes? These are all things that you probably should’ve taken the time to look into and mention.

    • N

      Nikolas KenneySep 19, 2019 at 4:55 am

      This^^^ In addition to the automation issue which will very much effect us in the next 4 to 8 years… which is very real.

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