How to Fund It
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Where will the money come from?
- A basic income, also called basic income guarantee, universal basic income (UBI), basic living stipend (BLS), or universal demogrant, is a type of program[2] in which citizens (or permanent residents) of a country may receive a regular sum of money from a source such as the government. A pure or unconditional basic income has no means test, but unlike Social Security in the United States it is distributed automatically to all citizens without a requirement to notify changes in the citizen's financial status
The question is...how is it going to be paid for?
Taxation is THEFT!
How can a Basic Guaranteed Income be funded without stealing from anyone?
Some thoughts
Federal or state leases
Federal and/or State guberments lease the rights to
- drill for oil and gas
develop GeoThermal Resources - right of ways
- coal and other mineral mining
- grazing rights
- timber harvesting
- many other permits
these are NOT taxes...they're pay to play. If a company or an individual does NOT want to pay the lease they just don't get to do what they want to do on federal or state property.
Radio Spectrum
Radio spectrum is a valuable commodity. The FCC sells the rights (licences) to transmit signals over specific bands of the electromagnetic spectrum and to assign scarce spectrum resources.
State Lotteries
The State always takes a cut. Put it in the GBI pool.
What do you think? Do you have any additional thoughts or comments?