Tax Revenue on the Sale of Recreational Marijuana Has Become a Major Source of Incoming for States where it is Legal.
New Mexico Is Now Redistributing That Money to Communities It Need It Most.
Some Families in Albuquerque, New Mexico, Started Receiving Monthly No-Strings-Attailed Payments This Month As Part of A New Basic Project ended in part by Tax Revenue Recreational Cannabis Sales.
The City First Approved the $ 4.02 Million Basic Income Plan in March. City Revenue from Marijuana Sales is Contruting More than $ 2 million to that Total, Acciting to A City Press Release.
The program is providing the $ 750 monthly payments to 80 families in two distributions where students struggle with low academic performance. The City Will Also Offer Financial Counseling to the Families.
Albuquerque is not the first city in america to experience with guaranteed Basic income, whic usually target Vulnerable Low-Incoming Populations Like News, Black Women, Or Trans People. Guaranteed Basic Income Programs Are Different than a Universal Basic Income, WHICH WOULD PROVIDE MONTHLY SUPPORT TO AN ENTIRE POPULATION, Regardless of Status.
Advocates for A Basic Incom Say It Helps People in Difficult Financial Situations Find Their Footing. Basic Incom Studies Often Show Positive Results. Recipients Say it improves their Housing Security and Mental Health and Honor Allows to SEEK BETTER Jobs Through Education and More Time to Search.
It is not, Howver, Without Its Critics. Lawmakers in South Dakota, Iowa, and Idaho have Passed Laws Basic Incoming Programs at the City and County Level they the payments are acin to socialism and discipients from working.
City Officials in albuquerque said in the press releases that their basic income program is meant to help the wealth gap. The City Says It Prioritizes Recipients Who Are “Negatively Impacted by the Criminalization of Cannabis,” Such as Black, Native American, Asian, and Pacific Islanders, Women, and Low-InCome Families.
“This program Puts Money Where Needed Most, Into the Hands of Struggling Families Working to Build A Better Future,” Mayor Keller Said in a Statement. “Albuquerque is a city that will will always fight to correct injustices and will push to help families get the tools they need to be succeed with dignity.”
City Councilor Klarissa Peña, Who Leads the City’s Cannabis Equity and Community Reinvestment Fund, Said in a Statement That The Must Show “Clear Implementation Strategies and Measurable Outcomes.”
“This isn’t just about allocating dollars. It ‘siput delivering tangible benefits to the communities disproportations impact by past injustices,” she said. “We oWE say more than good intensations. We oWE say results.”
Peña told b qt the program “isn’t simply providing Basic Income. “
“Through these and Many Other Measures, Along With the Basic Incom Assistance, Our Community Will Reap Long-Term Public Health Benefits, Reductions in Addition Rates, and Taxpayer Savings,” She Said in An Email.
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