really!!!!!!15 million ......I mean to a millionaire  15 million is nothing ......its insulting to humanity they have tax rite offs on all this shit ....these guys have billions and it does not even  hurt them........they get that on interest on their investments if he said something in the ball park of 500 million I would think he might be normal ....but billionaires  aren't  ....because that 500 million would be a  mega yacht ......15 million to a billionaire is  like a  roll of  fives  to a homeless guy .......I   have no respect for these  guys ........they fo not give a  fuck at all .....okay it may solve a  few  things  but it is by no means  a grand  gesture 

Twitter billionaire Jack Dorsey just donated $15 million to fund basic-income pilot projects in at least 9 US cities

Aria Bendix
Jack Dorsey
Twitter CEO Jack Dorsey. PRAKASH SINGH/AFP via Getty Images
  • Twitter CEO Jack Dorsey just donated $15 million to Mayors for a Guaranteed Income, a coalition of US mayors interested in starting basic-income pilots. 

  • Several pilots are already underway, including a recent trial in Saint Paul, Minnesota.

  • Dorsey's investment will help additional cities like Pittsburgh and Los Angeles launch their programs.

  • Visit Business Insider's homepage for more stories.

Starting in April, millions of Americans received stimulus checks - a no-strings-attached payment meant to alleviate financial hardship. To proponents of a basic-income policy, the idea sounded familiar.

Basic-income programs essentially pay people simply for being alive as a way to alleviate poverty. Michael Tubbs, the mayor of Stockton, California, launched one of the US's first guaranteed-income pilots - a program called SEED - last year. The experiment has been giving monthly payments of $500 to 125 of the city's poorest residents since February 2019.

Tubbs also spearheads the group Mayors for a Guaranteed Income, a coalition of mayors interested in starting similar basic-income pilots across the US. In July, the coalition received $3 million from Twitter CEO Jack Dorsey's #StartSmall initiative to fund global COVID-19 relief. On Tuesday, the group announced that Dorsey is giving another $15 million to support more basic-income pilots. 

Tubbs told Business Insider that he and Dorsey started discussing a plan to promote basic income earlier this year.

"We just had a conversation about where I saw it going," Tubbs said. "I said, 'Well, I have a bunch of mayors who I know will sign up for this if we can provide them TA [technical assistance] and support."

The coalition now has 29 mayors now on board, including Los Angeles Mayor Eric Garcetti, Atlanta Mayor Keisha Lance Bottoms, and Seattle Mayor Jenny Durkan. Every city in the coalition is guaranteed up to $500,000 dollars, Tubbs said.


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