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NEIL: ALREADY COME A CROWDED
FIELD THE NUMBER OF DEMOCRATS
WHO HAVE ANNOUNCED THEY ARE
GOING TO MAKE THE RUNNING FOR
THE WHITE HOUSE.
BEFORE WE HAVE THE DOZEN OR SO
NOW AND MAYBE A DOZEN OR TWO
DOZEN MORE CAN DO DURING A
PRESIDENTIAL RUN OF THEIR RUN,
THERE WAS THIS GUY, THE 2020
PRESIDENTIAL CANDIDATE,
ENTREPRENEUR, SOME SUCCESS IN
THE BUSINESS WORLD, WHICH COMES
AT A TIME.
VERY GOOD TO HAVE YOU.
WHY ARE YOU DOING THIS?
>> I SPENT THE LAST SEVEN YEARS
CREATING SEVERAL THOUSAND JOBS
IN NEW ORLEANS AND OTHER IN
THEIR I.C.E. ARE THE AFTERMATH
OF THE DEVASTATION IN
MANUFACTURING JOBS.
THE REASON I DONALD TRUMP ONE
AND 2016 IS THAT WHICH AUTOMATED
400 MILLION MANUFACTURING JOBS
IN MICHIGAN, OHIO, PENNSYLVANIA,
WISCONSIN AND NOW MY FRIENDS IN
SILICON VALLEY KNOW WERE ABOUT
TO DO THE SAME THING TO MILLIONS
OF RETAIL JOBS, CALL CENTER
JOBS, FAST FOOD JOBS IN TRUCK
DRIVING JOBS HERE THAT'S WHY HE
DECIDED TO RUN FOR PRESIDENT TO
HELP US MANAGE THIS TRANSITION
WE ARE IN THE MIDST OF.
NEIL: YOUR WEALTH COMES FROM
TELLING --
[INAUDIBLE]
THAT'S WHERE A LOT OF IT IS.
YOU'RE NOT A BILLIONAIRE, BUT
YOU'RE UP THERE APPEARS TO MAC
THAT'S VERY.
DEFINITELY NOT A BILLIONAIRE.
I'VE HAD SOME SUCCESS AND
CERTAINLY I'VE LOOKED AROUND AND
BEING THIS COUNTRY NEEDS PEOPLE
LIKE ME TO STEP OUT.
NEIL: ALL RIGHT, YOU ARE
ADVOCATING AND THIS IS AMONG
MANY WHO ARE COMPETING FOR THE
DEMOCRATIC NOMINATION FOR THE
UNIVERSAL INCOME.
THE CHEW EXTENDED TO PRETTY MUCH
EVERYBODY.
HAVE AT IT.
>> THAT'S RIGHT.
IF YOU LOOK AT THE HISTORY OF
THIS IDEA, DEEPLY AMERICAN.
WHERE THOMAS PAINE WAS FOR.
MARTIN LUTHER KING WAS FOR IT.
MILTON FRIEDMAN, WITH BEATING
CONSERVATIVE ECONOMIST.
IT PASSED THE HOUSE OF
REPRESENTATIVES TWICE UNDER
RICHARD NIXON AND IT WAS
IMPLEMENTED 11 YEARS LATER IN
ONE STAYED WHERE FERGUSON IN
$1,002,000 A YEAR.
THAT'S A DEEPLY REPUBLICAN STATE
PASSED BY REPUBLICAN GOVERNOR
WHO ASKED THE ALASKAN PEOPLE WHO
WOULD YOU RATHER GET THE OIL
MONEY THE GOVERNMENT ARE YOU?
NEIL: WHO WOULD FUND THIS?
I WOULD YOU PAY FOR THIS?
>> IF YOU LOOK AROUND YOU CAN
SEE THE HEADLINES AMAZON PAID NO
TAXES LAST YEAR DESPITE RECORD
PROFITS.
WE HAVE TO PUT THE AMERICAN
PEOPLE IN POSITION TO START
HARVESTING THE GAINS FROM
ARTIFICIAL INTELLIGENCE, SELL
GERMAN CARS AND TRUCKS AND
ADVANCED TECHNOLOGY.
AND WITH THAT MONEY WE CAN FUND
THE DIVIDEND FOR ALL AMERICANS.
NEIL: I KNOW YOU'VE GOT THE
ATTENTION AMONG PEOPLE WHO LIKE
THAT IDEA, BUT HAVE YOU PAY FOR
IT?
THAT WOULD BE OVER $2 TRILLION A
YEAR.
HE WENT THE PRICE TAG COMES DOWN
VERY QUICKLY BECAUSE WERE
ALREADY SPENDING HUNDREDS OF
BILLIONS OF DOLLARS ON 126 AND
15 WELFARE PROGRAMS WHICH SHOULD
BE LARGELY CONSOLIDATED.
A LOT OF THAT WOULD GET REPLACED
BY THE DIVIDENDS BECAUSE PEOPLE
WOULD VASTLY PREFER THOUSAND
DOLLARS IN CASH AND CONDITIONAL
TO THE HODGEPODGE OF BENEFITS OF
THE ADMINISTRATION MONITORING
THEY CURRENTLY EXPERIENCE.
NEIL: BUT TO GUYS LIKE YOU
REALLY NEED TO MONEY YOURSELF?
>> AT THE RIGHT OF CITIZENSHIP
AND THAT MEANS IT'S NOT
STIGMATIZE TRANSFER FROM RICH TO
POOR.
THE GREAT THING IS WE CAN BUILD
A TRICKLE UP ECONOMY FROM PEOPLE
AND FAMILIES BECAUSE MOST OF US
WOULD GO RIGHT BACK INTO THE
ECONOMY THROUGH MAIN STREET
BUSINESSES AROUND THE COUNTRY.
NEIL: RIGHT NOW THERE IS AN
ATTITUDE ON THE PREDOMINANT
LEFT-WING OF THE PARTY WHICH A
LOT OF PEOPLE SAY IS THE PARTY
RIGHT NOW, THAT THAT QUESTION
AND EVEN GUYS LIKE YOURSELF WHO
SUCCEED ON YOUR OWN INTO A GREAT
DOG, ALEXANDRIA OCASIO-CORTEZ
SORT OF SEEMS TO BE THE
SPOKESMAN FOR THAT MOVEMENT HAS
SAID THAT EVERY ALIEN THERE IS A
POLICY MISTAKE HERE AND WHAT DID
YOU MAKE OF IT?
>> YOU'VE GOT TO LOOK AT THE BIG
PICTURE OR THE THIRD INNING OF
THE GREATEST ECONOMIC AND
TECHNOLOGICAL TRANSFORMATION IN
HISTORY.
WILLIAM AYERS OR OF A NATIONAL
BYPRODUCT.
NEIL: YOU AGREE WITH WHAT
THEY'RE SAYING.
BILLIONAIRES CREATED A LOT OF
JOBS AND A LOT OF OPPORTUNITIES.
>> I THINK THERE ARE WAYS THAT
WE CAN MORE EFFECTIVELY HAVE THE
AMERICAN PEOPLE BENEFIT FROM
SOME OF THE HUGE WINNINGS THAT
PEOPLE HAVE EXPERIENCED DURING
THE ECONOMY.
NEIL: THESE GUYS HAVE CREATED A
GAZILLION DOLLAR ENTERPRISES
ACROSS THE COUNTRY.
>> AND I AM IN THE CAMP AS YOU
SUGGEST THAT OUR SYSTEM CREATES
VERY, VERY WEALTHY PEOPLE WHO
HAVE BEEN FORTUNATE, BUT THEY'VE
DONE A LOT OF VALUE CREATION.
NEIL: WOULD YOU RAISE THEIR
TAXES?
>> TO BE THE FOCUS ON INCOME TAX
IS NOT THE RIGHT WAY TO GO.
20 OF JEFF BEZOS IS AN EXAMPLE.
JUST STARTED AMAZON.
HE HAS OVER $100 BILLION IN
AMAZON STOCK.
HASN'T SOLD ANY.
SO THERE'S NO TAXABLE EVENT.
SO I THINK A WEALTH TAX IS NOT
THE RIGHT WAY TO GO.
WE HAVE TO JOIN EVERY ADVANCE
COMPANY AND HOW A VALUE-ADDED
TAX IS MUCH, MUCH HARDER FOR BIG
MULTINATIONAL COMPANIES TO
WRIGGLE THEIR WAY OUT OF INK IN
THEIR WAY OUT OF.
NEIL: MANY HAVE SUCH ATTACKS.
>> BUT YOU DO SEE THAT THEY WERE
ABLE TO HARNESS MORE OF THE BIG
WINNERS IN TERMS OF THE
CORPORATE COMPANIES THAT ARE
GENERATING LOTS OF PROFITS.
THEY WERE ABLE TO GET THE TAX
REVENUE.
NEIL: 10% OF ITALIAN CITIZENS
PAY TAXES EVEN THE HIGH
VALUE-ADDED TAXATION.
THIS IS THE ONLY THING I KNOW
IT'S AN ITALIAN-AMERICAN.
YOU ARE A GOOD INTENTIONS ARE
GOING TO MANUAL STICK AMERICANS
WITH A GOOD-SIZED BILL?
>> WE ARE TRYING TO CREATE A
DIVIDEND FOR ADULTS WHERE EVERY
AMERICAN CITIZEN IS THE OWNER
AND SHAREHOLDER OF THE RICHEST
AND MOST ADVANCED ECONOMY IN THE
HISTORY OF THE WORLD.
WE CAN EASILY AFFORD $1000
DIVIDEND THAT WILL GO RIGHT BACK
INTO THE ECONOMY AND CREATE
2 MILLION JOBS AROUND THE
COUNTRY AND GROW THE CONSUMER
ECONOMY BY 8% TO 10%.
NEIL: YOU ARE TALKING ABOUT THIS
CHANCE TO DEAL WITH TRUCKERS AND
MANUFACTURING WORKERS.
RIGHT NOW WE ARE AT RECORD LOW
UNEMPLOYMENT.
KEY GROUPS ARE LUCKY NOT THE
HIGHEST EMPLOYMENT LEVELS WE
HAVE EVER SEEN.
SO A LOT OF PEOPLE STEP BACK AND
SAY ANDREW IS JUST MISSING THIS
BIG PICTURE IS SO TERRIFIC IT
WOULD SHOW UP IN THE NUMBERS.
>> WELCOME IF YOU LOOK AT OUR
LABOR FORCE PARTICIPATION RATE,
IT'S STILL AROUND 63%, WHICH IS
CLOSE TO A MULTI-DECADE LOW THE
SAME AS EL SALVADOR AND THE
DOMINICAN REPUBLIC.
NEIL: A LOT OF REPUBLICANS WILL
COUNTER THAT IF YOU WERE TO COME
THE PARTY'S NOMINEE AND THEY'VE
BEEN THERE, DONE A LOT BETTER
THAN THAT.
>> TAKE A LOOK AT THE CURVE AND
IT PEAKS AROUND 2009 AT HEARTS
CRASHING SHORTLY THEREAFTER.
IF YOU LOOK AT STATISTICS, ONE
IN FIVE PRIME WORKING AGE
AMERICAN MENACE OUT OF THE
WORKFORCE RIGHT NOW AND THIS IS
YOUR EXPANSION.
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Andrew Yang: A wealth tax is not the way to go

19 Folder Collection
王惟惟 published on April 29, 2019
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