Twitter chief executive Jack Dorsey (File Pic) SAN FRANCISCO: Twitter chief executive Jack Dorsey has said he will donate $3 million to a group of US mayors to experiment with the creation of universal basic income .
The sum will go to the group Mayors for a Guaranteed Income (MGI), a coalition of leaders from 16 cities who are in favor of universal basic income — regular payments to residents generally meant to fight poverty and meet citizens’ basic needs.
"This is one tool to close the wealth and income gap, level systemic race and gender inequalities, and create economic security […]
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