How We'll
Cost Analysis Footnotes
Model based primarily on 2017 statistics due to availability of public data.
Background
Our goal here is to provide a rigorous, detailed, peer-reviewed and transparent cost analysis of Andrew Yang's Freedom Dividend (FD). When we first heard the 2020 presidential candidate propose his form of Universal Basic Income (UBI) we were excited, inspired and skeptical all at the same time. We understood the tremendous boon for people and businesses alike but, much like you, wondered how our country can pay for it.
We set out to explore the cost viability of the FD, watching Yang policy interviews, combing through yang2020.com official proposals, studying independent reports and data, and soliciting public review of our analysis. As of this writing, we estimate that over 80% of FD is paid for through itself and in combination with other Yang proposals. While we cannot currently conclude that the FD plan is deficit neutral, our research has led us to believe that Yang and his team have and continue to rigorously seek fiscally responsible solutions for our 21st century challenges.
FAQ
Questions and answers below are quoted from yang2020.com.
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What is the Freedom Dividend?Andrew Yang
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Why does Andrew Yang want to implement the Freedom Dividend in America?Andrew Yang
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Who would get the Freedom Dividend in Andrew Yang’s plan?Andrew Yang
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How would we pay for the Freedom Dividend?Andrew Yang
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What are the benefits of the Freedom Dividend?Andrew Yang
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Wouldn’t the Value-Added Tax just get passed on to consumers, “cancelling out” the UBI?Andrew Yang
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Would it stack with Social Security or Veteran’s Disability benefits?Andrew Yang
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Is there evidence to support the case for the Freedom Dividend?Andrew Yang
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I’ve never heard of the Freedom Dividend and Universal Basic Income. Where did it come from? Who supports it?Andrew Yang
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Why do we need the Freedom Dividend now?Andrew Yang
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What impact would the Freedom Dividend have on the economy?Andrew Yang