Twitter CEO Jack Dorsey Donates $3 Million to Test Universal Basic Income

Twitter chief govt Jack Dorsey has stated he’ll donate $three million (roughly Rs. 22.55 crores) to a gaggle of US mayors to experiment with the creation of common primary revenue.

The sum will go to the group Mayors for a Assured Earnings (MGI), a coalition of leaders from 16 cities who’re in favour of common primary revenue — common funds to residents usually meant to combat poverty and meet residents’ primary wants.

“That is one device to shut the wealth and revenue hole, degree systemic race and gender inequalities, and create financial safety for households,” Dorsey, whose fortune is estimated at […]

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