Yang to give $1,000 a month to Twitter user on Colbert

Yang to give $1,000 a month to Twitter user on Colbert
© Greg Nash

Democratic presidential candidate Andrew YangAndrew YangBottom line American elections are getting less predictable; there's a reason for that Poll: Harris, Michelle Obama lead for 2024 if Biden doesn't run MORE offered a yearlong $1,000 monthly payment to a contest winner during an appearance on "The Late Show with Stephen ColbertStephen Tyrone ColbertKyrsten Sinema's courage, Washington hypocrisy and the politics of rage Amid multiple crises, Biden runs to NBC's safe space with Jimmy Fallon Biden to appear on 'The Tonight Show Starring Jimmy Fallon' on Friday MORE" as a test run to his universal basic income plan. 

Yang announced the contest Monday night, four days ahead of the first Democratic presidential debate he'll appear in. 

To enter, a Twitter user must retweet the tech entrepreneur's contest announcement and follow him by July 4. 

"Let's show why money is the answer & why this is the campaign for the people," Yang tweeted.

This will be the third pilot "Freedom Dividend" for Yang, according to his campaign. He gave two others to voters in Iowa and New Hampshire. 

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Freedom Dividends are a key, and unique, aspect of Yang's campaign. His bid for the presidency is rooted in his proposal for a universal basic income. 

The plan would give every American, regardless of income, a $1,000 dividend each month. Yang says it would help American workers adjust to a shifting workforce as automation will leave many jobless.