FACTOID # 6: Michigan is ranked 22nd in land area, but since 41.27% of the state is composed of water, it jumps to 11th place in total area.
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Encyclopedia > Citizen's dividend

Citizen's dividend is a proposed state policy based upon the principle that the natural world is the common property of all persons (see Georgism). 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. In the United States, the idea can be traced back to Thomas Paine's essay, Agrarian Justice, which is also considered one of the earliest proposals for a social security system in the United States. Georgism, named for Henry George (1839-1897), is a philosophy and economic theory that follows from the belief that although everyone owns what they create; land, and everything else supplied by nature, belongs equally to all humanity. ... A dividend is the distribution of profits to a companys shareholders. ... -1... The United States of America — also referred to as the United States, the U.S.A., the U.S., America, the States, or (archaically) Columbia—is a federal republic of 50 states located primarily in central North America (with the exception of two states: Alaska and Hawaii). ... Thomas Paine Thomas Paine (January 29, 1737 – June 8, 1809) was an intellectual scholar and idealist, widely recognized as one of the Founding Fathers of the United States. ... For specific national programs, see Social Security (United States), National insurance (UK), Social Security (Sweden) Social security mainly refers to a field of social welfare concerned with social protection, or protection against socially recognized needs. ...

This concept is similar to basic income, except that the Citizen's Dividend depends upon the value of natural resources. A guaranteed minimum income is a proposed system of income redistribution that would give each citizen a certain sum of money independent of whether they work or not. ...

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, and in 2004 the dividend was $919.84. This included children. State nickname: The Last Frontier, The Land of the Midnight Sun Other U.S. States Capital Juneau Largest city Anchorage Governor Frank Murkowski Official languages English Area 1,717,854 km² (1st)  - Land 1,481,347 km²  - Water 236,507 km² (13. ... The Alaska Permanent Fund was established by a constitutional amendment in 1976 to invest proceeds from the sale of minerals, especially oil through the Trans-Alaska Pipeline System, for the benefit of current and future Alaskans. ... Nodding donkey pumping an oil well near Sarnia, Ontario, 2001 Petroleum (from Greek petra – rock and oleum – oil), crude oil, sometimes colloquially called black gold, is a thick, dark brown or greenish flammable liquid, which exists in the upper strata of some areas of the Earths crust. ... 2003 is a common year starting on Wednesday of the Gregorian calendar, and also: The International Year of Freshwater The European Disability Year Events January January 1 - Luíz Inácio Lula Da Silva becomes the 37th President of Brazil. ... 2004 is a leap year starting on Thursday of the Gregorian calendar. ...

External references

  • Alaskan Citizen's Dividend (http://www.pfd.state.ak.us/)
  • Alaskan Citizen's Dividend for children (http://www.pfd.state.ak.us/kids/index.aspx)
This politics-related article is a stub. You can help Wikipedia by expanding it (http://en.wikipedia.org/w/index.php?title=Citizen%27s_dividend&action=edit).

Politics is the process and method of decision-making for groups of human beings. ...



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