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Former Democratic presidential candidate Andrew Yang is once again making universal basic income a central tenet of his political campaign – this time for the mayor of New York.
“It makes us stronger, healthier, more secure, mentally healthier, improves our relationships,” Yang said of the concept of guaranteed income. “55% of Americans are now for cash relief, in perpetuity, and 85% are for cash relief during this pandemic.”
Yang’s proposed income program would extend an average of $ 2,000 a year to New York residents living in extreme poverty and cost $ 1 billion a year, according to his campaign’s website.
The mayoral candidate told CNBC “The News with Shepard Smith” Monday night that he would target tax-exempt New York City homeowners, like Madison Square Garden, to foot part of the bill.
“MSG’s tax breaks [are] $ 40 million a year just, “Yang said.” If you look at this money and put it back into the city’s hands, in addition to investing some of the city’s resources, we can reduce extreme poverty here in New York. ”
Yang also commented on the dramatic rise in anti-Asian hate crimes in the United States, calling it “a time of devastation for the Asian-American community.”
Reports of anti-Asian hate crimes in the United States increased 149% in 2020 from the previous year, according to the Center for the Study of Hate and Extremism. New York has seen an 833% increase in anti-Asian hate crimes, according to police data.
“We have to label these incidents as hate crimes, and we have to connect with the Asian-American community because, I hate to say it, a lot of these incidents still go unreported,” Yang said. “A lot of Asian Americans don’t have that kind of relationship with law enforcement and city officials, and I would like to change that.”
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