this post was submitted on 14 Aug 2024
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Albuquerque, NM

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A councilor who represents some of the most impoverished areas of the city wants to use recreational-use cannabis tax revenue to implement a basic income program for her constituents.

Guaranteed basic income is essentially a monthly stipend given to a specific community that usually lasts a year. Not to be confused with universal basic income, a cash payment that all people receive regardless of their income.

This is actually a pretty cool idea for the funds.

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