Citizen's dividend

Citizen's dividend is a proposed policy based upon the Georgist principle that the natural world is the common property of all people.

It is proposed that all citizens receive regular payments (dividends) from revenue raised by leasing or taxing the monopoly of valuable land and other natural resources.

[5] Some believe this dividend as the reason why Alaska has one of the lowest rates of inequality and relatively low levels of poverty compared to other US states.

Barnes proposes setting up a public trust to manage the funds, separate from the private sector being taxed.

[12] John Moser, a 2018 congressional candidate in Maryland, ran chiefly on the proposal that a citizen's dividend based around a portion of all income would eliminate homelessness and hunger, and would act as a collective risk share as used in Nordic model nations.

Of these, the most closely related theory to Georgism calls for a citizen's dividend—that is, a UBI equal to the monetary rental value of natural resources and socially created wealth.

[18] Barnes proposes setting up a public "Sky Trust" to manage the funds creating from taxing pollution, greenhouse gases and other actions that deplete the value of shared natural resources.

Philippe Van Parijs makes a freedom-based argument for the highest sustainable UBI regardless of the value of natural resources, justified partly on the basis that the labor market is imperfectly competitive and produces a significant amount of "job rents.

Thomas Paine (1737–1809) was a major inspiration for this policy.