Subtitles section Play video
OUR FIRST HOME. THIS IS THE GENERATION THAT WILL
THIS IS THE GENERATION THAT WILL BE ABLE TO SOLVE STUDENT LOAN
BE ABLE TO SOLVE STUDENT LOAN
DEBT. THIS GENERATION IS READY TO
THIS GENERATION IS READY TO LEAD.
LEAD. >> Reporter: MR. YANG, YOUR
>> Reporter: MR. YANG, YOUR SIGNATURE POLICY IS TO GIVE
SIGNATURE POLICY IS TO GIVE EVERY ADULT IN THE UNITED STATES
EVERY ADULT IN THE UNITED STATES $1,000 A MONTH, NO QUESTIONS
$1,000 A MONTH, NO QUESTIONS
ASKED.
ASKED.
>> THATS RIGHT.
>> THATS RIGHT.
>> I THINK ITS LIKE 3.2
>> I THINK ITS LIKE 3.2
TRILLION A YEAR.
TRILLION A YEAR.
HOW WOULD DO YOU THAT?
HOW WOULD DO YOU THAT?
>> SORRY?
>> SORRY?
>> HOW WOULD DO YOU THAT? >> OH, SO, ITS DIFFICULT TO DO
>> OH, SO, ITS DIFFICULT TO DO IF YOU HAVE COMPANIES LIKE
IF YOU HAVE COMPANIES LIKE AMAZON, TRILLION DOLLAR TECH
AMAZON, TRILLION DOLLAR TECH COMPANIES PAYING LITERALLY ZERO
COMPANIES PAYING LITERALLY ZERO
IN TAXES WHILE THEYRE CLOSING 30 PFRS OF OUR STORES.CLOSING
30 PFRS OF OUR STORES. NOW WE NEED TO PUT THE AMERICAN
NOW WE NEED TO PUT THE AMERICAN PEOPLE TO BENEFIT FROM THESE
PEOPLE TO BENEFIT FROM THESE PARTS OF THE ECONOMY AND IF WE
PARTS OF THE ECONOMY AND IF WE HAD A VALUE-ADDED TAX EVEN HALF
HAD A VALUE-ADDED TAX EVEN HALF
THE EUROPEAN LEVEL IT WOULD GENERATE OVER $800 MILLION IN
GENERATE OVER $800 MILLION IN NEW REVENUE, WHICH COMBINED IN
NEW REVENUE, WHICH COMBINED IN OUR HAND, IT WOULD BE THE
OUR HAND, IT WOULD BE THE TRICKLE UP ECONOMY.
TRICKLE UP ECONOMY. WE WOULD SPEND THE MONEY AND IT
WE WOULD SPEND THE MONEY AND IT WOULD CIRCULATE THROUGH OUR
WOULD CIRCULATE THROUGH OUR NEIGHBORHOODS CREATING MILLIONS
NEIGHBORHOODS CREATING MILLIONS OF JOBS, MAKING OUR FAMILIES
OF JOBS, MAKING OUR FAMILIES STRONGER AND HEALTHIER.
STRONGER AND HEALTHIER. WED SAFE MONEY ON
WED SAFE MONEY ON INCARCERATION, HOMELESSNESS
INCARCERATION, HOMELESSNESS SERVICES, EMERGENCY ROOM,
SERVICES, EMERGENCY ROOM, HEALTHCARE AND THE VALUE GAINS
HEALTHCARE AND THE VALUE GAINS FROM HAVING A STRONGER,
FROM HAVING A STRONGER,
HEALTHIER MENTALLY POPULATION
HEALTHIER MENTALLY POPULATION
WOULD INCREASE GDP BY SEVERAL
WOULD INCREASE GDP BY SEVERAL
HUNDRED BILLION DOLLARS. THIS IS A MOVE WE HAVE TO MAKE
THIS IS A MOVE WE HAVE TO MAKE AS TECHNOLOGY IS AUTOMATING
AS TECHNOLOGY IS AUTOMATING MILLIONS OF JOBS.
MILLIONS OF JOBS. PRESIDENT TRUMP IS PRESIDENT
PRESIDENT TRUMP IS PRESIDENT
BECAUSE WE AUTOMATED JOBS IN MICHIGAN, WISCONSIN, JOBS IN
MICHIGAN, WISCONSIN, PENNSYLVANIA AND WISCONSIN.
PENNSYLVANIA AND WISCONSIN. WERE ABOUT TO DO THE SAME THING
WERE ABOUT TO DO THE SAME THING TO MANY RETAIL JOBS, FAST FOOD
TO MANY RETAIL JOBS, FAST FOOD DROBS, TRUCK DRIVING JOBS
DROBS, TRUCK DRIVING JOBS
THROUGHOUT THE ECONOMY. >> IF I GET TO UNDERSTAND A
>> IF I GET TO UNDERSTAND A LITTLE BETTER, YOU ARE SAYING
LITTLE BETTER, YOU ARE SAYING $1,000 A MONTH FOR EVERYONE OVER
$1,000 A MONTH FOR EVERYONE OVER 18 BUT A VALUE-ADDED TAX SO YOU
18 BUT A VALUE-ADDED TAX SO YOU
CAN SPEND THAT THERE ARE 1,000 ON VALUE-ADDED TAX?E ARE 1,000
ON VALUE-ADDED TAX? >> WELL, THE VALUE-ADDED TAX
>> WELL, THE VALUE-ADDED TAX WOULD END UP, YOUD STILL BE
WOULD END UP, YOUD STILL BE INCREASING THE BUYING POWER OF
INCREASING THE BUYING POWER OF THE BOTTOM 94% OF AMERICANS.
THE BOTTOM 94% OF AMERICANS.
YOU HAVE TO SPEND A LOT OF MO