Our Vision
OUR VISION IN THREE WORDS
Citizen's Dividend Explained
It’s a public-policy framework that is based on the idea that land and natural resources belong to everyone, and the value they generate should be shared fairly.
How a Citizen’s Dividend works…
- Economic rent is collected from land and other shared assets.
- The revenue is pooled into a transparent public fund.
- Dividends are paid regularly to every citizen.
This shares community-created wealth without taxing work or productivity.
What is Economic Rent?
Here is how it’s defined by three land value experts.
As quoted in his book Ricardo’s Law: House Prices and the Great Tax Clawback Scam, Fred Harrison defines economic rent as unearned income generated from the private appropriation of the location value and natural resources created by the community’
In his book The Secret Life of Real Estate and Banking, Phil Anderson describes economic rent as the value which arises from land that no one creates. It grows through society’s efforts and becomes captured as unearned income, driving credit cycles and inequality’
In Geoffrey Lee’s The People’s Budget, economic rent is defined as unearned income generated by the community value of land rather than an owner’s effort.’
