Mayors For Universal Basic Income

Twitter’s CEO Jack Dorsey donated $15 million to a universal basic income (UBI) initiative, which would give families guaranteed paychecks with no strings attached.

The initiative is called Mayors for Guaranteed Income (MGI), and it is a coalition of 29 mayors across the country who are committed to implementing UBI in their towns. It was started in June with a $3 million grant from Dorsey. His latest gift, a pretty sweet taxable donation for the Twitter and Square founder, will guarantee up to $500,000 per participating city.




Share this article

Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
Share on whatsapp
Share on vk
Share on email
Share on reddit

Related Articles

Join the mailing list

Get the daily email that makes reading the investment news actually enjoyable.

Scroll to Top