John: It’s not a new idea: non-binding payments to offer people a financial floor, a so-called guaranteed basic income. It actually dates back to 16th century England.
Today it is being tested in dozens of pilot programs across the country, in cities as large as Baltimore and as small as Yellow Springs, Ohio, with about 3,700 residents.
Some of them use tax money, others use private contributions or foundation grants.Stockton, California, was one of the first companies to launch a pilot program in 2019.Previously, I spoke with then-Mayor of Stockton Michael Tubbs, the founder of a group called Mayors for Guaranteed […]
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