4 July 2016
Wealth Partaking Scheme 2016
In order to share the fruits of economic development with general public, the Macau SAR government has announced the “Wealth Partaking Scheme 2016”, under which, local permanent residents are entitled to receiving 9,000 patacas and non-permanent residents 5,400 patacas. With the Administrative Regulation No.17/2016 gazetted, the scheme comes into effect on 14 June 2016, and its implementation will officially start in early July.
Macau is sharing its wealth with all its residents, regardless of employment status or wealth. It has been doing this annually for almost a decade. 9,000 patacas convert to about US$1,125.
Macau is a good example of a citizen ownership democracy. Every resident gets a direct share of the country's wealth.
Citizens of other places on Earth, where is your direct share of your country's wealth?