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45°
Saturday, apr 27
Tag:
Economic Inequality
Business
WMass Residents Have A Chance To Get Paid - Whether They Work Or Not
Holyoke residents may have a chance to receive a universal basic income - without working - through a billionaire-backed economic program. Twitter CEO Jack Dorsey has pledged $3 million to a small group of U.S. mayors -the Mayors for a Guaranteed Income - advocating for the start of universal basic income. Dorsey has a net worth of about $7 billion, according to Forbes. A universal basic income is an economic theory that says providing people with no-strings-attached, no-work required, recurring payments will stamp out poverty and settle longstanding issues of income inequality. The regul…