Twitter billionaire Jack Dorsey gives US mayors $ 15 million to fund basic income

Twitter billionaire Jack Dorsey gives US mayors $ 15 million to fund basic income

The idea of ​​giving Americans money, no strings attached, has been boosted by a $ 15 million grant from billionaire Twitter CEO Jack Dorsey, who will fund basic income projects across America.

The money will go to Mayors for a Guaranteed Income (MGI), a coalition of 29 mayors across the country who design and implement programs that give a number of residents monthly money to spend as they please, in an effort to alleviate poverty and systemic problems. Reduce. racism.

Universal Basic Income (UBI) is the age-old idea of ​​giving people money without conditions, so that they have enough income to […]

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