Cannabis Tax Revenue Eyed for Universal Basic Income In Rochester, NY

CANNANNEW REPORT

Rochester, New York’s mayor-elect Malik Evans has proposed using cannabis taxes to bolster a universal basic income program for his constituents. The mayor-elect of Rochester, New York wants to use taxes from adult-use cannabis sales to fund a guaranteed basic income program that would give eligible participants monthly cash payments, Business Insider reports. The city has already approved an income program, but it relies on federal dollars and Malik Evans believes using cannabis tax revenues would be a more sustainable source of funding. Read more at Cannabis Tax Revenue Eyed for Universal Basic Income In Rochester, NY

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