The multi-pronged approach could be funded with “Relief Bonds”
New York, NY – Council Speaker Corey Johnson on Thursday proposed a $12 billion relief plan to help New York City businesses and workers impacted by the Coronavirus/COVID-19 pandemic. The multi-pronged proposal includes a temporary universal basic income for all New Yorkers, temporarily deferring fees and refunding business taxes, and up to $250,000 to cover fixed costs for impacted businesses.
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