Michael Tubbs, the 29-year-old mayor of Stockton, California, is piloting a basic-income program in his city.
The experiment gives monthly payments of $500 to 125 residents.
Tubbs said a similar program could work on a national level, but the money would have to come without any strings attached . That’s why he doesn’t support Democratic presidential candidate Andrew Yang’s basic-income plan . Visit Business Insider’s homepage for more stories. In California’s Central Valley, a small city is testing a big idea. Since February, 125 residents of Stockton have been getting monthly payments of $500, no strings attached.It’s […]
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