This State Advances $750 Universal Basic Income for Every Resident

This State Advances $750 Universal Basic Income for Every Resident

President Donald Trump’s name appears on the coronavirus economic assistance checks that were sent to citizens across the country April 29, 2020 in Washington, DC. (Photo : Chip Somodevilla/Getty Images) Oregon’s proposed Universal Basic Income program is being hailed as a groundbreaking initiative, as it aims to provide approximately $750 per year to every resident of the state.

To finance the program, a 3% tax would be imposed on corporations’ sales exceeding $25 million, with the collected funds being distributed equally among residents of all age groups. Oregon’s Universal Basic Income Initiative Amid Economic Concerns

The distribution of funds would […]

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