this post was submitted on 06 Oct 2025
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Funny how UBI is typically considered a left-wing policy in the US, yet the only place in the country that actually has a UBI is traditionally considered pretty conservative.
Alaska has a thing called the Alaska Permanent Fund which was funded with an initial investment of oil and mining revenue. It pays out around $100 a month which is not really something to live on but definitely helps for struggling Alaskans.
I think a viable model for UBIs on a national scale would probably involve something similar. Perhaps a one-shot tax on the mega-rich to get the initial funding and then it's used to run a state-owned investment portfolio which invests in various sectors of the economy and then pays out the profits to the citizens.
Just a little clarification on the Alaspa PFD (Permanent Fund Dividend), it's not paid monthly, but rather annually, and the amount it pays out changes from year to year depending on oil revenue for that year, which is where the fund comes from in the first place. This year it's only $1000. For an idea of amounts, in 2020 it was only $992 (Covid just ruined everything everywhere) while in 2022 it was as high as $3,284.
It is still basically UBI though, even if the amount per year isn't even enough to entirely offset the added expense of living in Alaska.