I’m against the $85 BILLION bailout of AIG also. Instead, I’m in favor of giving $85,000,000,000 to America in a “We Deserve It” dividend. To make the math simple, let’s assume there are 200,000,000 bona fide U.S. citizens, aged 18+.
Our population is about 301 million counting every man, woman and child. So, 200,000,000 might be a fair stab at adults 18 and up. Now, divide 200 million, 18+ adults into $85 billion - that equals $425,000.00 each! Yes, my plan is to give that $425,000 to every adult as a “We Deserve It” dividend.
Of course, it would NOT be tax free. So, let’s assume a tax rate of 30%. Everyone would pay $127,500.00 in taxes. That sends $25.5 billion right back to Uncle Sam! It also means that every adult 18+ has $297,500.00 in their pocket. A husband and wife would have $595,000.00!
What would you do with $297,500.00 to $595,000.00?
Somebody needs to check his math
Pay off my credit cards as far as it would go.
:)
B.S., it means that politicians have 25.5 billion worth of pork ridden job security via financial pull.
Anyone that thinks they would see a share of anything as an individual if it were handled via government is a prime sales prospect for lake shore property in Death Valley.
The first thing I would do is run out and buy one of them thar fancy calulatin' machines and type in 85000000000 / 200000000 =
425. Darn, that barely pays for my calculatin' machine.