Alaskans like their free cash.
According to a new survey from the Economic Security Project, 81% of residents say that a state-run cash transfer program improves their quality of life.
The program is known as the Permanent Fund Dividend. Every year since 1982, law-abiding Alaskans have received a yearly check — typically ranging from $1,000 to $2,000 — as a kickback from the pot of money that has been set aside in case oil reserves dry up.As of 2015, the fund’s value was nearly $52 billion.ESP’s survey marks a win for basic income, a system of wealth distribution in which every […]
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