Ras Baraka, the mayor of Newark, New Jersey, wants to pilot a universal basic income program in the city.
Baraka announced his intention to launch the pilot program during his State of the City address last Tuesday, reports The Star-Ledger. The plan would guarantee Newark residents a set amount of money each month.
Baraka did not announce how much the program would give residents, but the universal basic income model generally features monthly payments of $500-$1,000. The Stockton, California, universal basic income pilot Blavity reported on pays residents $500 a month.“We believe in universal basic income, especially in a time where […]
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