Yang, a businessman, most recently mounted an unsuccessful campaign in the New York mayoral race, following his failed 2020 Democratic presidential primary run. “My goal is to do as much as I can to advance our society,” Yang wrote. Throughout his 2020 presidential campaign, his slogan was “not left, not right, forward.”His presidential campaign introduced the idea of a universal basic income to a national audience through his proposed US$1,000 monthly “Freedom Dividend” for all Americans. New York City used a ranked choice voting system for the first time in the mayoral primaries Yang participated in before ultimately dropping out on election night. On Twitter, Yang defended himself against suggestions that his decision to change his party registration was connected to the release.