![]() Milton Friedman on Guaranteed Income / Negative Income Tax / Basic Income Why Milton Friedman Supported Guaranteed Income | 5 Reasons Milton Friedman supported a guaranteed minimum income with a Negative Income Tax (NIT). Writer and video producer Matt Orfalea put together several reasons why Friedman was such an advocate of UBI. Yang even points to the state of Alaska as a success story of basic income.Īnother major American figure Yang points to as a supporter of UBI is conservative and libertarian economist Milton Friedman. Some of those figures include Martin Luther King Jr. When asked about the legitimacy of UBI, Yang points to major political and economic figures in American history who were advocates of Universal Basic Income. “Andrew would implement a Universal Basic Income, ‘the Freedom Dividend,’ of $1,000/month, $12,000 a year for every American adult over the age of 18,” Yang’s campaign website reads. ![]() He calls the proposal the Freedom Dividend. Yang’s main policy proposal is to provide every American citizen who wants it a Universal Basic Income (UBI) of $1,000 dollars a month. ![]() Milton Friedman, recipient of the 1976 Nobel Prize.Ģ020 Presidential candidate Andrew Yang will take the stage tonight for a chance to officially solidify himself as an outside threat in the 2020 Democratic primary. ![]()
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