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You're full of misconceptions: Andrew Yang's not rich, his net worth, contrary to the hate propaganda prompted being wrongly lumped in with billionaires, is est
by loceng 5y ago
You're full of misconceptions: Andrew Yang's not rich, his net worth, contrary to the hate propaganda prompted being wrongly lumped in with billionaires, is estimated to be ~$600k to $2.2 million.
You don't apply the same VAT rate to every product/service, e.g. staples that say poor people (rather that we all depend on) could gave lower tax rate; likewise if adding a certain VAT on everything while also giving everyone $12,000 per year means that you have to spend $200,000 on non-staple items before you're paying more into the UBI system than you're getting from it - and if you're sitting spending $200k per year on things you're not hurting.
And if you're making assumptions about Yang, could it not be you're making wrong assumptions elsewhere as your foundation for your conclusions? You clearly just hear some small shallow snippets from clearly untrustworthy sources that lack integrity/truth. Maybe instead research Yang and his policies thoroughly.