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Metropolitan DC Local Politics
Reply to "Montgomery County- Universal Income"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]And, where will they get the money from? More taxes.[/quote] Actually they would get a foundation to fund about 90% of it[/quote] You are wrong. Tax payers will foot 2/3 of the bill, not 10%. “ Montgomery County will work with the Meyer Foundation, a foundation that “pursues and invests in solutions that build an equitable Greater Washington community in which economically disadvantaged people thrive,” according to its website. The initial rollout of the pilot will consist of $1,993,832 from the county government’s general fund reserves, and $1 million from the Meyer Foundation, council staff documents show. The total cost of the pilot for 24 months is $5.76 million.” https://bethesdamagazine.com/bethesda-beat/government/county-to-try-income-boost-program-in-which-300-households-get-800-a-month/ [/quote]
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