Wednesday, Chicago’s city alderman gave the okay for a basic income program. With no strings attached, the plan is to give a monthly $500 check to 5,000 low income households for one year. Rather than local dollars, federal COVID-19 money will cover the $31.5 million cost .
Chicago is not alone. There have been many universal basic income experiments: https://www.vox.com/future-perfect/2020/2/19/21112570/universal-basic-income-ubi-map Universal Basic Income Experiments
Alaska started its UBI program in 1982. Based on the state’s oil revenue , each year households have received somewhere between $1,000 and $2,000. Much more, annual dividends sent to tribal members from North Carolina’s “Eastern […]
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