Jack Dorsey is donating $3 million to kick off a universal basic income program

Jack Dorsey is donating $3 million to kick off a universal basic income program

Twitter and Square CEO Jack Dorsey is throwing his weight behind universal basic income.

The Silicon Valley entrepreneur is committing $3 million to Mayors for a Guaranteed Income , a new collective of 14 mayors advocating for direct, recurring cash payments to citizens at the local, state, and federal level. The payments seek to reduce economic insecurity and close the wealth and income gap across the United States in the wake of the global pandemic, starting in cities such as Los Angeles ; Tacoma, Washington; Atlanta ; and Pittsburgh .

Dorsey’s contribution will be made through his Start Small initiative, a […]

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