Michael Tubbs, the 27-year-old mayor of Stockton, sits in his office at Stockton City Hall in Stockton, California, U.S., April 24, 2018. P By Jane Ross

STOCKTON, Calif. (Reuters) – Michael Tubbs, the 27-year-old mayor of Stockton, California, has a radical plan to combat poverty in his cash-strapped city: a "no strings" guaranteed basic income of $500 a month for its residents.

Starting in early 2019, Tubbs plans to provide the monthly stipend to a select group of residents as part of a privately funded 18-month experiment to assess how people use the money."And then, maybe, in two or three years, […]

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STOCKTON, Calif. (Reuters) – Michael Tubbs, the 27-year-old mayor of Stockton, California, has a radical plan to combat poverty in his cash-strapped city: a “no strings” guaranteed basic income of $500 a month for its residents. Michael Tubbs, the 27-year-old mayor of Stockton, sits in his office at Stockton City Hall in Stockton, California, U.S., April 24, 2018. Picture taken April 24, 2018. REUTERS/Jane Ross

Starting in early 2019, Tubbs plans to provide the monthly stipend to a select group of residents as part of a privately funded 18-month experiment to assess how people use the money.

“And then, maybe, in […]

Full Post at www.reuters.com