Quote:
Originally Posted by Clarallel
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I'm surprised Krugman didn't come with more details as to Yang's current proposals for New York rather than what Yang was saying about UBI when he was running for president.
I would also like to hear who is Krugman, famous economist and Op-ed columnist for the NY Times,
who his preferred mayoral candidate and who the NY Times will endorse
Paul Krugman's website
Paul Krugman | Nobel Prize Winner and Op-Ed Columnist for The New York Times
and twitter
https://twitter.com/paulkrugman?lang=en
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Andrew Yang website, policies (selections, a small fraction of )
https://www.yangforny.com/policies
Cash Relief ∙ Economy
A Basic Income for New York City
A Yang administration will launch the largest basic income program in the country. Through this program, 500,000 New Yorkers with the greatest need will receive a basic income that will help give them a path forward. Our goal is to end extreme poverty in New York City by putting cash relief directly into the hands of those who desperately need help right now, ensuring that every household has an annual income that is at least above extreme poverty, taking into account the true cost of living in New York City.
This basic income program will start with providing those who are living in extreme poverty with an average of $2,000 per year. This program can then be grown over time as it receives more funding from public and philanthropic organizations, with the vision of eventually ending poverty in New York City altogether.
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A Safe and Fair City
Appoint a Police Commissioner with a background beyond NYPD experience.
Andrew Yang will appoint a NYPD commissioner whose career is not primarily in law enforcement. A commissioner will need to be able to advance the culture and support a vision for how the NYPD can be fully integrated into a larger public safety strategy. The commissioner must have a broad perspective of the NYPD’s role in New York and establish clear measures of policing success. That means refocusing the NYPD to protect against and solve violent crimes throughout the City while continuing to evolve.
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A People’s Bank of New York
a Yang administration will launch the newly created People’s Bank of New York City. The People’s Bank of New York City will be initially funded with a $100 million loan from New York City.
The People’s Bank has two objectives: (1) ensure every New Yorker can access basic financial products and services, like checking accounts, and has the opportunity to save money affordably, build credit, and secure small business loans; and (2) Support small business lending in underserved communities by guaranteeing loans and loan portfolios.
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A Strong Recovery for NYC Restaurants, Bars and Eating Establishments
Call for immediate federal relief for restaurants.
Convert Sales Tax collected by restaurants and bars into grants.
This temporary measure is a necessary way to get cash into the hands of businesses who desperately need it. The city should agree to forego sales tax collected by eating and drinking establishments until the state of emergency is lifted.
Halt the Commercial Rent Tax.
Commercial rent tax is an effective 3.9% surcharge on rent exceeding a certain threshold for Manhattan businesses south of 96th St. Now is not the time to leverage taxes on the backs of struggling businesses.
Convert Sales Tax collected by restaurants and bars into grants.
This temporary measure is a necessary way to get cash into the hands of businesses who desperately need it. The city should agree to forego sales tax collected by eating and drinking establishments until the state of emergency is lifted.
Halt the Commercial Rent Tax.
Commercial rent tax is an effective 3.9% surcharge on rent exceeding a certain threshold for Manhattan businesses south of 96th St. Now is not the time to leverage taxes on the backs of struggling businesses.