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this post was submitted on 16 Oct 2023
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Your neighbors in the north have something like that already. Alaska redistributes income from oil companies to their people. IIRC it's only ~150$ per month, but that's pretty good nonetheless!
$150 a month would cover several bills for us. Does each individual get it or is it per household? Because if it's per individual (presuming adults only), that's $300, which would cover some debt too. So yeah, pretty good!
I believe it is every member. They also get a large yearly chunk depending on pricing what not at the end of the year. It works allot like how Indian casino pays work across the tribe.
Doing things per household is just weird. Like, what even counts as a household? And why should people who live together receive less than if they lived apart?
I don't expect these things to make sense.
Downside is it's expensive to live there. But they also have no state income tax.
I mean... I think the downside is you're living in Alaska and the winter is like 10 months long.
There's ALWAYS a balance. Nothing is free, the money always comes from the people that think they're getting a handout when they're not. Common sense 101.
For Alaska the downside is that oil companies make less profit. That's where the money is coming from.
( the cost of living is not influenced by the existence or absence of such a UBI scheme.)