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Home > Art, Film & Photography > Basic Income: Citizen's Dividend, Alaska Permanent Fund, Guaranteed Minimum Income, Andr Gorz, Basic Income, Jeremy Rifkin
Basic Income: Citizen's Dividend, Alaska Permanent Fund, Guaranteed Minimum Income, Andr Gorz, Basic Income, Jeremy Rifkin

Basic Income: Citizen's Dividend, Alaska Permanent Fund, Guaranteed Minimum Income, Andr Gorz, Basic Income, Jeremy Rifkin


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About the Book

Purchase includes free access to book updates online and a free trial membership in the publisher's book club where you can select from more than a million books without charge. Chapters: Citizen's Dividend, Alaska Permanent Fund, Guaranteed Minimum Income, Andr Gorz, Basic Income, Jeremy Rifkin, Negative Income Tax, Working Poor, Basic Income in the Netherlands, Philippe Van Parijs, Real Freedom, Osmo Soininvaara, Basic Income Earth Network, Mincome, Eduardo Suplicy. Excerpt: The Alaska Permanent Fund is a constitutionally established permanent fund, managed by a semi-independent corporation, established by Alaska in 1976, primarily by the efforts of then Governor Jay Hammond . Shortly after the oil from Alaska s North Slope began flowing to market through the Trans-Alaska Pipeline System, the Permanent Fund was created by an amendment to the Alaska Constitution to be an investment for at least 25 % of proceeds from some mineral (such as oil and gas) sales or royalties. The Fund does not include either property taxes on oil company property nor income tax from oil corporations, so the minimum 25 % deposit is closer to 11 % if those sources were also considered. The Alaska Permanent Fund sets aside a certain share of oil revenues to continue benefiting current and all future generations of Alaskans. Many citizens also believed that the legislature too quickly and too inefficiently spent the $900 million bonus the state got in 1969 after leasing out the oil fields. This belief spurred a desire to put some oil revenues out of direct political control. The Alaska Permanent Fund Corporation manages the assets of both the Permanent Fund and other state investments, but spending Fund income is up to the Legislature. The Corporation is to manage for maximum prudent return, and not as some Alaskans at first wanted as a development bank for in-state projects. The Fund grew from an initial investment of $734,000 in 1977 to approximately $28 billion as of March 2008. So...


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Product Details
  • ISBN-13: 9781155518015
  • Publisher: Books LLC
  • Publisher Imprint: Books LLC
  • Height: 152 mm
  • No of Pages: 78
  • Spine Width: 5 mm
  • Weight: 127 gr
  • ISBN-10: 1155518012
  • Publisher Date: 04 May 2010
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Sub Title: Citizen's Dividend, Alaska Permanent Fund, Guaranteed Minimum Income, Andr Gorz, Basic Income, Jeremy Rifkin
  • Width: 229 mm


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