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 YangHarris tops Biden in California 2020 poll Jack Dorsey maxes out donations to Tulsi Gabbard presidential bid The Hill's Morning Report - Presented by JUUL Labs - House to vote to condemn Trump tweet MORE offered a yearlong $1,000 monthly payment to a contest winner during an appearance on "The Late Show with Stephen ColbertStephen Tyrone ColbertChris Christie on Chuck Todd: 'The most pretentious know-it-all on network news' Ocasio-Cortez pokes Democrats for 'humorous' use of Spanish in debate Crowd breaks into chants of 'AOC' during Colbert appearance 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.