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Twin Oaks Intentional Community
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Twin Oaks is an income-sharing community. Members keep all assets they come with (they are frozen during membership), but all income from our community businesses goes to the collective; no one earns individual "wages" or a "salary". We all work approximately 40 hours in our community businesses and domestic areas (for example, cooking, gardening, building maintenance, etc.) and more or less in exchange for our work, community members receive everything we need including housing, food, clothing, health care, etc. That is the economic agreement between the individual and community. The money received from the businesses is pooled and each year we collectively decide how to allocate it to our various community budgets. Also, each member receives a small personal spending allowance ($75 a month) to cover items the community does not provide (e.g. chocolate, a trip to town to see a movie, etc.). Our tax status reflects our income-sharing--we are a 501(d) entity which is based on having a shared treasury, and is similar to a monastery. In addition to being a working model of a more equitable and just distribution of wealth, pooling our income allows us to be able to afford amenities that can benefit the entire community that would be difficult for one or two people to afford on their income alone.

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