{"id":167745,"date":"2023-07-18T12:22:44","date_gmt":"2023-07-18T17:22:44","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2023\/07\/its-time-to-consider-the-federal-land-dividend"},"modified":"2023-07-18T12:22:44","modified_gmt":"2023-07-18T17:22:44","slug":"its-time-to-consider-the-federal-land-dividend","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2023\/07\/its-time-to-consider-the-federal-land-dividend","title":{"rendered":"It\u2019s Time to Consider the Federal Land Dividend"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/its-time-to-consider-the-federal-land-dividend2.jpg\"><\/a><\/p>\n<p>Here\u2019s my new Opinion essay at Newsweek. It\u2019s about the need to use our nation\u2019s massive natural resources to pay for a bipartisan tax free universal basic income, called the Federal Land Dividend. I hope you will read and share it!<\/p>\n<hr>\n<p>In 2018, I began lecturing about the Federal Land Dividend, a bipartisan tax-free Universal Basic Income (UBI) based on monetizing the <a rel=\"nofollow\" href=\"https:\/\/sgp.fas.org\/crs\/misc\/R42346.pdf\" class=\"\">640 million acres<\/a> of mostly unused federally owned land. Due to the lasting effects of the coronavirus pandemic, which include a struggling U.S. economy, there is increasing interest in implementing basic income plans. The Federal Land Dividend is the only method that is both bipartisan and tax free.<\/p>\n<p>An estimated <a rel=\"nofollow\" href=\"https:\/\/www.theatlantic.com\/politics\/archive\/2016\/01\/federal-land-ownership\/422637\/\" class=\"\">50 percent<\/a> of the 11 most western states are mostly empty land that belong to the government. Estimates say this land and its resources are worth approximately <a rel=\"nofollow\" href=\"https:\/\/business.time.com\/2013\/02\/05\/the-federal-governments-128-trillion-stockpile-the-answer-to-our-debt-problems\/\" class=\"\">$100 to $200 trillion<\/a>. If we divide the middle\u2014 <a rel=\"nofollow\" href=\"https:\/\/www.forbes.com\/sites\/timworstall\/2013\/11\/05\/the-us-government-is-absolutely-not-16-trillion-in-the-hole\/?sh=7c2eb5c93013#318828193013\" class=\"\">$150 trillion <\/a>\u2014by America\u2019s population of <a rel=\"nofollow\" href=\"https:\/\/www.census.gov\/quickfacts\/fact\/table\/US\/PST045222\" class=\"\">333 million<\/a>, every person would have approximately $450,000 in equity. That\u2019s much higher than the median net worth in America of <a rel=\"nofollow\" href=\"https:\/\/financebuzz.com\/us-net-worth-statistics\" class=\"\">$122,000<\/a>.<\/p>\n<p>The Federal Land Dividend aims to lease out land and natural resources to big business that agree, in exchange, to pay a monthly income to all Americans. It\u2019s estimated that if just 60 percent of America\u2019s unused federal land was leased out at fair rates, a $1,000 monthly check could be sent to all Americans\u2014regardless of age\u2014for decades if not centuries. Because land and raw materials often move in tandem with inflation, payouts could increase with inflation. Furthermore, this plan does not touch any national parks whatsoever. Much of this land is in places that few humans ever visit or see.<\/p>\n<p>Some conservatives support the Federal Land Dividend idea because it will boost big business while providing an economic stimulus to all Americans. Some liberals also support the idea because it will dramatically help end poverty. Even some libertarians like the idea because it returns the value of federal land to the people, instead of the government hoarding and controlling it.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here\u2019s my new Opinion essay at Newsweek. It\u2019s about the need to use our nation\u2019s massive natural resources to pay for a bipartisan tax free universal basic income, called the Federal Land Dividend. I hope you will read and share it! In 2018, I began lecturing about the Federal Land Dividend, a bipartisan tax-free Universal [\u2026]<\/p>\n","protected":false},"author":267,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,43,39,1490],"tags":[],"class_list":["post-167745","post","type-post","status-publish","format-standard","hentry","category-biotech-medical","category-business","category-economics","category-government"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/167745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/267"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=167745"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/167745\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=167745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=167745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=167745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}