Sumary of Upstate New York’s trial with universal basic income: $500 per month to 100 people for 1 year:
- Upstate New York launched a pilot universal basic income program for 100 Ulster County residents.
- Those residents will receive $500 monthly checks for a year and must make less than $46,900 annually.
- Other cities have implemented similar programs, and some Democrats want every American to get permanent payments.
- The idea of a universal basic income has grown increasingly popular over the past few years, and now, 100 lucky upstate New York residents will get to experience what it’s like to get $500 monthly payments, no strings attached.
- In mid-May, Ulster County in upstate New York launched a pilot universal basic income program that would send $500 monthly payments to 100 randomly selected residents for one year.
- To be eligible for the program, the county residents must make less than $46,900 annually, which is based on 80% of the county’s average median income.
- TOP VIDEOS FOR YOU “We will not tell you how to spend your additional income, nor will we include requirements like employment,” the county website said.