Fund Basic Income Grants Not from Income but from Outgo

by Jeff Smith

The only current example of a payout similar to a Basic Income Grant is Alaska sharing oil rent. In the recent past Kuwait also paid an oil dividend — and in the near future Iraq may, too. At the local level in America, Aspen, Colorado pays half of the area’s workforce a housing supplement, which is far better than nothing, in that pricey ski resort. Continue reading