Using conservative estimates of national land value, a UBI funded by LVT revenues could provide roughly $5,750 per adult, per year.

Assumed national land rents is $1.2 trillion in 2020 (this follows the Federal Reserve’s method, using a low, 5% capitalization rate). Further assumptions include 209 million as the American adult population, and a 50% land share. For these figures, any individual with a property worth less than $230,000 would either break even or profit. Two-adult households would break even at $460,000 in property value.

empirical


Loading...