Ask HN: How could Andrew Yang's 1000$/month UBI impact the US tech scene?

Andrew Yang is a successful entrepreneur and a U.S. 2020 Democratic presidential candidate. His popularity is rising by the day. One of his top proposals is the universal basic income: https://www.yang2020.com/policies/the-freedom-dividend/.

He proposes funding UBI by "consolidating some welfare programs and implementing a Value-Added Tax (VAT) of 10%. Current welfare and social program beneficiaries would be given a choice between their current benefits or $1,000 cash unconditionally. [...] A Value-Added Tax (VAT) is a tax on the production of goods or services a business produces. It is a fair tax and it makes it much harder for large corporations, who are experts at hiding profits and income, to avoid paying their fair share." (for full explanation see https://www.yang2020.com/what-is-ubi/). How could this affect your professional and private life?

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