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The democratic presidential candidate Andrew Yang, how he plans to pay for his universal basic income plan.
Andrew Yang, insisted to Fox News this week that its “small army of very, very smart lawyers”, it assures to give him his pitch, 10 random families to $1,000 per month — spotlight his plan for a universal basic income for all adult Americans – “is perfectly legal.”
But some of the leading campaign finance experts take issue with the Democratic presidential candidate, a provocative action and say that Yang is likely to break campaign-Finance laws.
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The problem for the tech entrepreneur is seen to win his once long-shot bid for the White house traction this summer, thanks to the buzz, which is characterized by its so-called ‘freedom of the dividend,” that the Federal law prohibits use of campaign contributions for personal purposes. These uses include such things as paying the mortgage or rent, buying food, purchasing clothes, or you fill the car with gas — in principle, all expenses which could be made, without a purpose of the campaign.
Larry Noble, a former Federal Election Commission general counsel, tweeted that “a lottery to give money, it can offend potential supporters against laws and that is a slippery slope.”
The non-partisan campaign Legal Center, to minimize the work, the influence of big money in politics, tweeted,” Before @Andrew Yang handing out campaign starts money, he might want to ask a choice expert to explain to 52 USC 30114(b), the section of the Federal Code that prohibits the conversion of campaign funds for personal use.”
And the former U.S. attorney Preet Bharara, an anti-corruption Crusader, the question of whether Yang “checked his $1000/month to voters from the campaign funds, a real lawyer.”
Campaign finance expert Craig Holman, who serves as the “Public Citizen’s Capitol Hill lobbyist on ethics, lobbying and campaign rules of Finance, told Fox News that the Federal law defines “personal purposes as a cost, which is independent of the campaign. In other words, if there is an issue to be made were, without any purpose of the campaign, this is a personal goal.”
Holman said it would probably be a “violation of the federal campaign finance law” to pay if Yang uses campaign funds, the 10 families, the $1,000 per month.
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But Yang, the campaign says the payments are cost as a campaign, because they “further the objectives of the campaign.”
In a fit of showmanship, Yang in his opening statement, in the last week of the third round of the Democratic presidential debate announced, “I’m going to do something unprecedented tonight.”
The candidate stressed that his campaign “now, a freedom, a dividend of $1,000 per month for a whole year of 10 American families, someone watching this at home now. If you believe that your own problems can solve better than any politician, go to yang2020.com and tell us how $1,000 per month will help you to do just that.”
Yang – in front of millions of people in the debate, stressed that “if you donate money to a presidential campaign, what happens to watch? The politician spends the money on TV ads and consultants, and hope that it works. It is time to trust us more than our politicians.”
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Yang, the CEO of test prep company Manhattan GMAT was. In 2011, he founded Venture for America, a New York City-based organization that trains entrepreneurs. Since his candidacy for the President said a year and a half a day, which is a Central theme of his campaign, that the automation will increasingly displace the country’s workforce, and to provide a cash payment is required for people to live, through the automation evolution.
The candidate argues that his “freedom dividend” of $12,000 per year from each adult Americans “would help people to improve their health, nutrition, pay off some debts and bills that have been hanging over you, reduce your stress Level.”
Yang explained that his plan would be paid for by the value-added tax, known as VAT. He is estimated to be 10 per cent VAT around $would raise 700-800 billion.
In the publication of his universal basic income proposal, Yang a payment of $1,000 per month to the three families in the early voting caucus and primary States of Iowa and New Hampshire, and another in the key battleground state of Florida. is already But Yang bankrolling these contributions from his own personal funds.
“I spoke with the FEC and they said as long as my personal medium, and it is a personal gift with no strings attached, you will have no problems,” Yang told Fox News in February, when the first family began receiving their monthly payments.
He added that he was “optimistic”, the families with the receipt of his personal cash payments this year “will come out for me, but I have no expectations and no obligations.”
He described the payments as gifts on his campaign Finance reports to the FEC.
But the use of campaign funds, money funds 10 multi-family is a whole new ball.
However, there is a twist: The FEC has basically paralyzed by partisan gridlock and dysfunction in the nation’s capital. To make you don’t have enough members of the Commission’s decisions or to punish violations of the right to vote anyway.
“The FEC has closed its doors. It’s gone lost,” Holman stressed.
He asked whether Yang “could be the investors to the fact that it is not Finance campaign COP on the beat. There is no enforcement Agency to enforce the law. The Department of Justice could step in, if he wanted to. But they generally only intervene when there is a outrageous criminal violation of the law. This would be a civil law violation.”
Yang campaign announced on Monday they received $1 million in donations and 450,000 E-Mail entries from his announcement on Thursday about the weekend of what they call the “freedom dividend Pilot program.”
The democratic presidential candidate Andrew Yang speaks with reporters following a campaign rally in Boston, Sept. 16, 2019
The candidate – in an interview with Fox News and other news organizations, according to a campaign event on Monday evening in Boston-back program pushed against the criticism of the legality of its pilot.
“I want people to reflect for a moment on the system, we are told, in the middle,” Yang. “If I had $1 million in campaign funds and I gave it to a media company such as your employer, not a criminal offence, or a consultant, or an army of canvassers, then would each like is OK, but if I give them to the Americans to do what they like in a positive way, the something is problematic.”
“I want to reflect that, and how strange this is,” he said.