Leasing out federal land could provide free money for all Americans

Leasing out federal land could provide free money for all Americans

One way to pay for basic income could be a dividend from land that the government leases to businesses. Lucy Nicholson/Reuters

The US government owns over $150 trillion of federal land and resources. Most of it is unused and sitting idle. If you divide $150 trillion by America’s 325 million citizens , you get nearly a half-million dollars per person.

If the US could just figure out how to monetize that federal land and distribute its equity equally, Americans could forever overcome poverty, healthcare issues, and the impending "robocalypse" — where increasing automation replaces tens of millions of human jobs.As […]

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