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Saturday, August 06, 2005

Citizen's dividend

This article in Wikipedia explains a very good idea if you used with the Land Value Tax:

Citizen's dividend is a proposed state policy based upon the principle that the natural world is the common property of all persons [...]. It is proposed that all citizens receive regular payments (dividends) from revenue raised by the state through leasing or selling natural resources for private use. [...]

This concept is similar to basic income, except that the Citizen's Dividend depends upon the value of natural resources.

Alaska hosts a Citizen's Dividend paid by the Alaska Permanent Fund, which holds investments made with some of the state's revenue from mineral resources, particularly petroleum. In the year 2003, every Alaskan citizen received a check for $1,107.56,

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