FN-005 · Fiscal Terminal Monitor · v1.0

The Redistribution Gap

The fiscal hole a universal dividend must fill — and the floor your household falls to. Six countries.

Gap = dividend − labour-tax take · closed by a tax on capital income
gap opens labour take covers OECD · World Bank ↗
The terminal instrument. FN-002 showed the labour tax base decoupling; FN-003 showed capital taking the surplus. Here is the consequence: as labour’s share falls, a universal dividend’s funding gap must come from capital — and the same dividend that softens your household’s fall widens that gap. A projection, not a costed policy; read the notes below the model.

The state’s gap — can a dividend be funded?
Your cliff — the floor you fall to
All six — capital tax to close the gap, at this dividend