4 ms·
Possibly a simplified answer, but the way I understand it is that the citizens own the oil rights, and get a cut.
by stronglikedan 7y ago
Possibly a simplified answer, but the way I understand it is that the citizens own the oil rights, and get a cut.
- adrr 7y agoThat’s way it’s funded just Norway funds their social programs from oil revenues and tosses the extra in their sovereign wealth fund like Saudi Arabia. Alaska is listed on the wiki page for basic income.