The first government-led test of a basic income is underway in Stockton, California.
Tomas Vargas Jr. is among a pool of 125 recipients of a $500 a month cash transfer funded by the city.
The stipend comes with no strings attached: Vargas is spending his $500 a month investing in his kids’ education — and his family’s future. Groceries, electricity bills, tuition and kids’ tutoring fees: These are some of the recurring costs that Stockton, California, resident Tomas Vargas Jr. can now afford thanks to the $500 per month he’s receiving from the local government.Vargas Jr., a participant in […]
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