Formerly bankrupt California city tests ‘universal’ income for residents
February 11, 2018
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The last time we visited Stockton, California, the city residents were voting on a sales tax to help city finances after it filed for Chapter 9 bankruptcy.
The tax passed and the city exited bankruptcy in 2015. It appears few lessons have been learned in the interval.
The city's 27-year old mayor is planning to launch its "universal basic income" plan, where its citizens are paid simply for being citizens.