A California city is launching the first US experiment in basic income — and residents will get $6,000 a year

A California city is launching the first US experiment in basic income — and residents will get $6,000 a year

Stockton, California Mayor Michael Tubbs is leading the charge on a basic income experiment in his recovering town. Steve Jennings/Getty Images Stockton, California is expected to become the first US city to launch an experiment in universal basic income.

For a period of three years, a select group of residents will receive $500 a month, no strings attached.

Stockton Mayor Michael Tubbs has studied basic income and believes it can be the solution to the lingering poverty in his city. Stockton, California is expected to become the first US city to launch an experiment in universal […]

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