The city of Stockton, California, plans to begin giving low-income residents $500 per month, with no strings attached, as a part of a universal basic income program. (2012 file photo/Justin Sullivan/Getty Images) Just months from now, low-income residents in Stockton, California, will receive no-strings-attached money to meet their needs, as the city lays the foundation for a universal basic income, KOVR-TV reports. What’s the story?
The Stockton Economic Empowerment Demonstration is an experimental program introduced by Stockton Mayor Michael Tubbs that will pay low-income residents $500 per month.
“They’re written off,” Tubbs said. “They don’t have the money because […]
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