NextSharkNextShark.com
Latest Newsletter🍵 Problems at Half Moon Bay farmRead

Article

Andrew Yang Ally Files Bill to Give Every Californian $1,000 a Month

ubi

    Asian America Daily - in under 5 minutes

    Get our collection of Asian America's most essential stories, to your inbox daily, for free!

    Unsure? Check out our Newsletter Archive

    A new law similar to Andrew Yang’s signature universal basic income (UBI) plan was recently proposed in California.

    Introduced on Thursday by Democratic California State Assemblymember Evan Low, the California Universal Basic Income Program would provide most adults in California with a UBI of $1,000 per month.

    Low, who was a co-chair of the former presidential candidate’s campaign, announced the bill’s introduction via a tweet on Friday.

    “I’ve just introduced Assembly Bill 2712- California Universal Basic Income (UBI).. Continuing your work, @AndrewYang. #HumanityFirst #UBI,” wrote Low.

    A state-wide value-added tax (VAT) of 10% on goods and services will fund the program, reports Newsweek. Groceries, medicine, medical supplies, clothing, textbooks and other items are exempted from the VAT.

     

    View this post on Instagram

     

    Thank you for being you, @andrewyang2020 . #yanggang

    A post shared by AimHigh GetLow (@aimhighgetlow) on

    Most Californians will be eligible to get their UBI, with the exception of those already benefitting from other state programs such as its Medicaid plan.

    Yang, who recently dropped out of the race for the Democratic nomination, brought the idea of UBI into the mainstream during his campaign with the “Freedom Dividends” proposal. 

    California is currently implementing an experimental form of UBI in Stockton, where 125 low-income residents receive $500 per month. The amount comes without conditions and can be availed alongside other forms of public assistance.

    Feature Image via California Assembly Democrats (Left), @Evan_Low (Right)

    Support our Journalism with a Contribution

    Many people might not know this, but despite our large and loyal following which we are immensely grateful for, NextShark is still a small bootstrapped startup that runs on no outside funding or loans.

    Everything you see today is built on the backs of warriors who have sacrificed opportunities to help give Asians all over the world a bigger voice.

    However, we still face many trials and tribulations in our industry, from figuring out the most sustainable business model for independent media companies to facing the current COVID-19 pandemic decimating advertising revenues across the board.

    We hope you consider making a contribution so we can continue to provide you with quality content that informs, educates and inspires the Asian community. Even a $1 contribution goes a long way.  Thank you for everyone's support. We love you all and can't appreciate you guys enough.

    Support NextShark

    Mastercard, Visa, Amex, Discover, Paypal