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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.
Organized (left or right) politics don't support UBI because UBI redistributes power, and a power concentrating answer to any oppression complaint is to switch the balance of supremacism. Neocon/Zionist first rule in USA needs you to be miserable to be distracted from war and Israel budgets by gaslighting. CIA determined rule in other democracies is to make you miserable and destabilized, so that your puppets can give more tribute to US and its corporate champions.
As specific examples, leftist EU parties are still pro Trump/NATO and the collapsing austerity requirements of 5% of GDP for US weapons. In NY State, a DEM governor proposal to offer universal healthcare (same general justification as UBI) was rejected by union leaders because healthcare misery is a union recruiting/power imbalance.
Hate, misery, and crime are features that right wing needs for fascism, but left politicians can do quite well as controlled opposition, and get their share of oligarchy trickle down. Fighting the right on bandaid programs to create a new/bigger hierarchy, rewarding left supporters, is reward for fighting political war on left's side.
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.
UBI can be done at the state level too, but states may have to go into debt to get it going. Blue States should raise the taxes on bigger corporations to help fund the program, possibly even creating corporate tax brackets.
I think states should try to implement UBI at the state level, since it could be many years now before we have the votes to pass it federally. In the meantime, residents in Blue states could have a huge bump in their quality-of-life and it might even sell Purple and Red states to implement some of these progressive programs.
I could see something like what you are saying working Federally for funding such a program. We could implement Federal tax brackets on businesses as well to help fund the programs year after year if we really needed that.