Sunday, 25 February 2018

Why Facebook's co-founder wants the wealthy to fund a guaranteed paycheck for the working poor

Why Facebook's co-founder wants the wealthy to fund a guaranteed paycheck for the working poor

Would a $500 monthly check, no strings attached, help more working families succeed? It's a bold idea that's gaining proponents in Silicon Valley — and one that the co-founder of Facebook is pushing hard. "If you're working hard trying to make ends meet, you shouldn't live in poverty in America," Chris Hughes told CNBC in an interview. "It sounds so simple but unfortunately it's not true."
Read more: https://www.cnbc.com/2018/02/24/facebooks-chris-hughes-pushes-guaranteed-income-paid-for-by-the-one-percent.html?source=Snapzu

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