Up to $12,000 in universal basic income payments are being offered by cities and states as part of the stimulus package.

STIMULUS checks have given Americans a taste of universal basic income (UBI), but residents in some states and cities are becoming accustomed to it.

The Universal Basic Income (UBI) is a set of government-provided recurring payments to individuals. These can be paid monthly, several times a year, or once a year.

Andrew Yang, a businessman who recently left the Democratic Party, based his 2020 presidential campaign on this idea.Then, during his campaign for mayor of New York City, Mr Yang proposed giving $2,000 payments each year to half a million of the city’s poorest residents.And spoiler alert – he did not […]

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