Jan 20, 2013

Macau: Yearly Cash for Residents.

The people in Macau have been receiving yearly cash distribution from their government.

A yearly unconditional distribution of a country's wealth is getting closer to a citizen-ownership democracy or a basic income.

Macau Wealth Partaking Scheme

"Holders of valid or renewable Macau SAR Resident Identity Card on  31
December 2011  are entitled to receive the cash premium. Every Macau SAR 
Permanent and Non-Permanent Resident Identity Cardholders will be granted 
7,000.00 patacas and 4,200.00 patacas respectively."

One pataca is about one HK dollar.

Majority wants cash handout to continue: survey Oct 2012


"The majority of the Macau population wants the government to continue the cash handout scheme in 2013.

According to the findings of a survey released yesterday by the New Vision of Macau Association, 91.6 percent of the interviewees are in favour of the government continuing the policy."



Macau govt to distribute MOP8,000 to every permanent resident Nov 2012

"Fernando Chui, Chief Executive of Macau, delivered his latest policy address at the legislative council this afternoon. He announced that that Macau residents can continue to enjoy many a relief measure next year, including cash distribution of MOP8,000 and healthcare voucher of MOP600 for every permanent resident, injection of MOP6,000 to central savings account, cash distribution of MOP4,800 for every non-permanent resident, and an MOP3,000 increase in social security old age allowance for permanent residents aged over 65. Other measures include granting MOP200 for each household as electricity tariff allowance."

Most respondents were most satisfied with the government’s “wealth-sharing” cash handout scheme.
Is Macau a citizenship-ownership democracy? Since the cash distribution is not directly linked to citizen ownership of common wealth, it is not really a citizen-ownership democracy. But the idea is there. Common wealth is being distributed to residents of Macau, year after year.

3 comments:

  1. This like the yearly citizen dividend Alaska distributes to every resident, man, woman and child out of its Permanent Fund the source of which is royalties charged oil companies on each barrel of oil extracted there. Every state in the US and every country everywhere could have a significant citizen dividend funded out of taxation of community created land and natural resource values. To date Alaska is the only state in the union that does this. It seems that other countries/governments are far more enlightened in this regard than the U.S.

    ReplyDelete
  2. This like the yearly citizen dividend Alaska distributes to every resident, man, woman and child out of its Permanent Fund the source of which is royalties charged oil companies on each barrel of oil extracted there. Every state in the US and every country everywhere could have a significant citizen dividend funded out of taxation of community created land and natural resource values. To date Alaska is the only state in the union that does this. It seems that other countries/governments are far more enlightened in this regard than the U.S.

    ReplyDelete
  3. There are attempts to get a citizen dividend in other states. Citizens need to push their politicians for this.
    http://cod-democracy.blogspot.sg/2013/03/politicals-denied-north-dakota.html

    ReplyDelete