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Letting Agent Software

July 28, 2021, 9:26 pm

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Tech entrepreneur and Democrat presidential hopeful Andrew Yang said on Tuesday at the Democrat debate that rival Sen. Elizabeth Warren's (D-MA) wealth tax has failed in other western countries that have tried it. Yang said he agreed with Warren that we are living in the most "winner-take-all economy in history. " "And a wealth tax makes a lot of sense in principle, " Yang said. "The problem is it's been tried in Germany, France, Denmark, Sweden, and all those countries ended up repealing it because it had massive implementation problems and did not generate the revenue that they projected. " "If we can't learn from the failed experiences of other countries what can we learn from? " Yang said. "We should not be looking to other countries' mistakes. Instead we should be looking at what Germany, France, Denmark and Sweden still have, which is a Value Added Tax. " Then Yang suggested those taxes would come from American corporations and other businesses. "If we give the American people a tiny slice of every Amazon sale, every Google search, every robot truck mile, every Facebook ad we can generate hundreds of billions of dollars and then put it into our hands because we know best how to use it, " Yang said.

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