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Long-shot presidential candidate Andrew Yang wants to tax Amazon sales and give that money to Americans

Long-shot presidential candidate Andrew Yang wants to tax Amazon sales and give that money to Americans | 18 March 2019 | Democratic presidential hopeful Andrew Yang doesn't believe his proposed value-added tax, or VAT, on companies in the United States would drive business out of the country, he told MSNBC's "Morning Joe" on Monday. Yang, who announced his candidacy in late 2017, is proposing a 10 percent VAT targeting companies like Amazon and Google. But he said he doesn't believe corporations would abandon the U.S. if they are hit with the tax. "There's really no place for them to go," Yang said, noting that "every other advanced economy" already has a VAT that's higher than the one he's proposing. Yang said the tax would help pay for his plan to give every American adult between the ages of 18 to 64 a monthly $1,000 stipend.