Yang is promising if he is elected president each American citizen between the ages of 18 and 64 will get $1,00 a month.
Yang is putting his money where his mouth is. He told CNBC that he's personally funding a pilot for cash payments, which he calls the Freedom Dividend.
He's giving $1,000 each month to a family in New Hampshire. In exchange, the family has promised to share their experiences.
To fund a plan nationwide, Yang is proposing a 10 percent tax on the goods and services a company produces.
A tax expert told CNBC the plan could aise anywhere from $500 billion to $1 trillion dollars.