Jack Dorsey to Fund Universal Basic Income Experiment in 14 Cities

Jack Dorsey to Fund Universal Basic Income Experiment in 14 Cities

Dorsey is flexing his philanthropy muscles once again. Twitter CEO Jack Dorsey will be throwing millions behind a universal basic income experiment. The tech billionaire has announced he will be working with 14 US mayors to launch universal basic income trials in their cities, Forbes reported .

Dorsey’s contribution is part of a larger initiative called Mayors for a Guaranteed Income . The program is expected to affect 7 million Americans across 14 different cities, including Los Angeles, Atlanta and Newark, New Jersey. The group has not specified how eligibility for payment for will determined, nor how much eligible citizens […]

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