Citizen's Dividend: Revitalizing the American Dream and Economic Prosperity
The Citizen's Dividend was quite possibly the first proposal for a basic income. It can be traced all the way back to Thomas Paine's less famous pamphlet, Agrarian Justice , in which he writes about collecting land tax (structured as an estate tax) to provide both money for those who can't work, and the Citizen's Dividend for regular citizens. Citizen's Dividend vs UBI The Citizen's Dividend differs from a typical Universal Basic Income because the amount supplied is not fixed and changes with the amount of revenue generated through land taxes (or whatever it is funded through). It's more a percentage of the commonwealth that all people are entitled to than a government handout. It also means that a Citizen's Dividend won't drive the nation into debt. The American Dream The Citizen's Dividend is a way for us as a country to steer back towards the American Dream. There is no American Dream without ample opportunity for all people. Unfortunately, ...