Facebook Co-Founder Advocates for Basic Income

Facebook Co-Founder Advocates for Basic Income

Facebook co-founder Chris Hughes, who reportedly made $500 million from to his 2 percent stake in the company, has been recently campaigning on a platform of guaranteed basic income at the expense of the 1 percent.

In February 2018, Hughes published his book , “Fair Shot: Rethinking Inequality and How We Earn.” Since then, Hughes has been giving interviews about his basic income proposal. TechCrunch reports Hughes recently highlighted his proposal to give $500 a month to Americans who make under $50,000 a year by placing a tax on those who make $250,000 or more while speaking on the “Interesting […]

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