SACRAMENTO (CBS13) – A state lawmaker has introduced a universal basic income bill that would give every Californian $1,000 per month.

AB 2712 was introduced by Assemblyman Evan Low (D-Silicon Valley) on Thursday.

The bill would create a California Universal Basic Income Program (CalUBI) where residents over 18-years-old would receive $1,000 per month. As written, the bill would only exempt people who are already getting Medi-Cal, County Medical Services Program, CalFresh, CalWorks or Unemployment Insurance from getting the universal basic income.

RELATED: Testing The Impact Of Universal Basic Income In Stockton

Low’s bill would pay for the CalUBI program with a 10 percent value-added tax on goods and services in California.

One California city, Stockton, has already been experimenting with a basic income program where 125 residents were selected at random from low-income neighborhoods to get $500 per month.

Stockton Mayor Michael Tubbs offered a word of caution against Low’s bill, however.

“Haven’t read the details yet but conceptually I am still opposed to any plan that would exclude those on existing benefits or have them give up their benefits in exchange for a ubi, especially while other people not on benefits do not have to lose anything to gain,” Tubbs tweeted when asked about the proposal.

No taxpayer money went into funding for Stockton’s basic income program.

Low invoked former Democratic presidential candidate hopeful Andrew Yang in a tweet announcing his bill. Yang had made a push for universal basic income one of the pillars of his campaign.

The California universal basic income bill will have a steep hill to climb before it becomes law. It will need to get through committee, then need a majority vote.

Comments (8)
  1. frankc4 says:

    If you are a student of Economics, this is a fascinating concept. Dismissing all the usual naysayer unenlightened comments about other irresponsible people, think of the positive economic impact this might have. What if most of the people went out and bought a new TV set. Would that create a boom in the TV Set industry? Not only the people who make TV sets, but all the jobs associated with selling TV sets, etc…. and that would occur without creating subsidies, etc. Fascinating concepts.

    1. Michael says:

      Please apply French economist Frederich Bastait’s rule of “look at the effect you don’t easily see.” Since California is not really a manufacturing economy, almost every dollar spent on “new toys” will end up in someone else’s economy.

      A 10% VAT on top of our current 7-8% tax would raise the price of gasoline from $4.00 to $4.40. A gallon of milk goes from $3.00 to $3.30. There is no current tax on milk, but with a VAT, there will be a tax on milk, and all other foods. The price of everything goes up. For the overall economy, this is a zero sum game. You can bet that when things go wrong, the VAT can go up, but the UBI stays flat.

      1. Chris says:

        The comment makes no sense, this is based on a tax, every dollar of the tax will stay in the state. Also you dont seem to have a grasp on what a zero sum game is, as it does not work as described.

      2. Jack Mehoff says:

        I live in Colorado, but identify as a California resident. Mail me my check, please.

  2. Harold Miller says:

    Californians are already over taxed. To pay for this “free money” an additional tax of 10% is required. Its like Margaret Thatcher stated “eventually you will run out of other people’s money.” OR the smart people will leave California altogether.

  3. Dave says:

    Whooohoooo free money, its like a beacon for crack addicts and illegals to come more, no wonder this state is going down the drain.

  4. Hiam J Beaudry says:

    No. I would benefit, but no.

  5. jackbenimble333 says:

    I can already here the giant sucking sound. Every useless welfare case in the USA is going to be sucked out of whatever State they are currently leaching on and will be vacuumed towards California. It will be a a huge boon for the taxpayers of the other 49 States.

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