5. The Citizen’s
Royalty Chapter 3, page
34 +
Citizen = you and me
Royalty = a right that is due
In principle the Citizen’s Royalty
is the opposite of a State imposed tax.
In addition to the Government of the
day deciding who and what to tax, the decision would
be to decide how much to give each Citizen in the
form of an annual payment from the Citizen’s
Royalty Fund.
Other names for this novel form of income
are: Citizen’s Income, Basic Income Grant, National
Dividend, Universal Benefit.
For those who aren’t now shaking
with derisive laughter and who are able to concentrate
further, the case of the Alaskan Permanent Fund (A
P F) should be considered .
This fund was established in 1976. In
the year 2000, for instance, each citizen of Alaska
received the sum of US $1964 (c. 5500
for a typical family of four)
|