Facebook co-founder wants US citizens to have guaranteed income

Facebook co-founder wants US citizens to have guaranteed income

People walk between newly erected concrete barricades outside the 3 Times Square building in Times Square where a speeding vehicle struck pedestrians Thursday in New York City, U.S., May 19, 2017. Photo – Reuters Seattle: A $500 monthly cheque from the government for every American earning less than $50,000, financed by taxing the wealthy, would provide financial stability for millions of people in the United States, said the co-founder of Facebook.

Chris Hughes, who made billions after co-founding the social network with Mark Zuckerberg while at Harvard University, said such a guaranteed income was needed to counteract the effects of […]

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