2020: Andrew Yang on the universal basic income and why he hates the penny
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Exploring Universal Basic Income
This chapter delves into the concept of universal basic income (UBI), outlining its potential benefits and implications for citizens. It addresses concerns about fairness and the challenges of financing UBI through mechanisms like value-added taxes. Additionally, the discussion highlights the political strategies needed to build bipartisan support for such legislation while considering the effect on existing welfare programs.
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