UBI is a modern welfare plan through which citizens are granted a consistent, livable income from the government, without condition.
Yang has proposed giving every American ages 18 and over $1,000 per month, regardless of income or employment status. He has said he would fund the proposal by “consolidating some welfare programs” and imposing a value-added tax (VAT) of 10 percent. A VAT is levied on the production of goods or services produced by businesses.
Yang estimates the U.S. government could save $100 billion to more than