Here Someone has Done the Math for you !
This is a genius of an idea !!
> I'm against the $85,000,000,000.00 bailout of AIG.
>
> 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 adults in the
> U.S.
> Our population is about 301,000,000, counting every man,
> woman and child. So
> 200,000,000 might be a fair stab at adults 18 and up.
>
> If we divide 200 million adults 18+ into $85 billon that equals $425,000.00.
>
> My plan is to give $425,000 to every person 18+ as a 'We Deserve It'
> dividend.
>
> Of course, it would NOT be tax free.
>
> So let's assume a tax rate of 30%.
>
> Every individual 18+ has to pay $127,500.00 in taxes.
>
> That sends $25.5 billion right back to Uncle Sam.
>
> But it means that every adult 18+ has $297,500.00 in their
> pocket.
>
> A couple would have $595,000.00.
>
> What would you do with $297,500.00 to $595,000.00 in your
> family?
>
> * Pay off your mortgage - housing crisis solved.
>
> * Repay college loans - what a great boost to new grads
>
> * Put away money for college - it'll be there
>
> * Save in a bank - create money to loan to entrepreneurs.
>
> * Buy a new car - create jobs
>
> * Invest in the market - capital drives growth
>
> * Pay for your parent's medical insurance - watch
> their health care improve
>
> Remember this is for every adult U S Citizen 18+ including
> the folks who
> lost their jobs at Lehman Brothers and every other company
> that is cutting
> back. And of course, for those serving in our Armed
> Forces.
>
> If we're going to re-distribute wealth let's really
> do it...instead of
> trickling out a puny $600 or $1000.00 ( "vote buy" ) economic incentive.
>
> If we're going to do an $85 billion bailout, let's bail out every adult U S
> citizen 18+!
>
> As for AIG - liquidate it.
>
> Sell off its parts.
>
> Let American General go back to being American General.
>
> Sell off the real estate.
>
> Let the private sector bargain hunters cut it up and clean
> it up.
>
> Here's my rationale: We deserve it and AIG doesn't.
>
> Sure it's a crazy idea that can "never work."
>
> But can you imagine the Coast-to-Coast block party!
>
> How do you spell Economic Boom?
>
> I trust my fellow adult Americans to know how to use the
> $85 Billion 'We
> Deserve It' dividend more than I do the geniuses at AIG or in Washington.
>
> And remember, This plan only really costs $59.5 billion because $25.5
> billion is returned instantly in taxes to Uncle Sam.
>
> Ahhh...I feel so much better getting that off my chest.
> I'm against the $85,000,000,000.00 bailout of AIG.
>
> 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 adults in the
> U.S.
> Our population is about 301,000,000, counting every man,
> woman and child. So
> 200,000,000 might be a fair stab at adults 18 and up.
>
> If we divide 200 million adults 18+ into $85 billon that equals $425,000.00.
>
> My plan is to give $425,000 to every person 18+ as a 'We Deserve It'
> dividend.
>
> Of course, it would NOT be tax free.
>
> So let's assume a tax rate of 30%.
>
> Every individual 18+ has to pay $127,500.00 in taxes.
>
> That sends $25.5 billion right back to Uncle Sam.
>
> But it means that every adult 18+ has $297,500.00 in their
> pocket.
>
> A couple would have $595,000.00.
>
> What would you do with $297,500.00 to $595,000.00 in your
> family?
>
> * Pay off your mortgage - housing crisis solved.
>
> * Repay college loans - what a great boost to new grads
>
> * Put away money for college - it'll be there
>
> * Save in a bank - create money to loan to entrepreneurs.
>
> * Buy a new car - create jobs
>
> * Invest in the market - capital drives growth
>
> * Pay for your parent's medical insurance - watch
> their health care improve
>
> Remember this is for every adult U S Citizen 18+ including
> the folks who
> lost their jobs at Lehman Brothers and every other company
> that is cutting
> back. And of course, for those serving in our Armed
> Forces.
>
> If we're going to re-distribute wealth let's really
> do it...instead of
> trickling out a puny $600 or $1000.00 ( "vote buy" ) economic incentive.
>
> If we're going to do an $85 billion bailout, let's bail out every adult U S
> citizen 18+!
>
> As for AIG - liquidate it.
>
> Sell off its parts.
>
> Let American General go back to being American General.
>
> Sell off the real estate.
>
> Let the private sector bargain hunters cut it up and clean
> it up.
>
> Here's my rationale: We deserve it and AIG doesn't.
>
> Sure it's a crazy idea that can "never work."
>
> But can you imagine the Coast-to-Coast block party!
>
> How do you spell Economic Boom?
>
> I trust my fellow adult Americans to know how to use the
> $85 Billion 'We
> Deserve It' dividend more than I do the geniuses at AIG or in Washington.
>
> And remember, This plan only really costs $59.5 billion because $25.5
> billion is returned instantly in taxes to Uncle Sam.
>
> Ahhh...I feel so much better getting that off my chest.
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Comment by jim— 2008/09/25 @ 05:18 PM — (Reply)
Comment by aza spade— 2008/09/25 @ 05:39 PM — (Reply)
Comment by aza spade— 2008/09/25 @ 06:38 PM — (Reply)
Add that to the trillions neing pissed away fighting Israel's wars.
Comment by Woody— 2008/09/25 @ 06:43 PM — (Reply)
Comment by Woody— 2008/09/25 @ 06:44 PM — (Reply)
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Comment by jim— 2008/09/27 @ 06:37 PM — (Reply)
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Comment by jim— 2008/09/29 @ 10:26 AM — (Reply)
Comment by jim— 2008/09/29 @ 10:27 AM — (Reply)
Comment by jim— 2008/09/30 @ 06:07 PM — (Reply)
Government has Failled the People ! do not Re-elect any of the bozo's Back to Office ! Period !
Comment by jim— 2008/10/05 @ 08:51 AM — (Reply)
Comment by jim— 2008/10/20 @ 04:30 PM — (Reply)
BG
Comment by Barry G.— 2008/10/20 @ 04:39 PM — (Reply)
Comment by jim— 2008/10/20 @ 04:45 PM — (Reply)
Comment by jim— 2008/10/20 @ 04:53 PM — (Reply)
Comment by Barry G.— 2008/10/20 @ 05:10 PM — (Reply)
Comment by jim— 2008/10/20 @ 05:38 PM — (Reply)
Comment by jim— 2008/10/20 @ 05:32 PM — (Reply)
Barry Morris Goldwater (January 1, 1909 – May 29, 1998) was a five-term United States Senator from Arizona (1953–1965, 1969–1987) and the Republican Party's nominee for President in the 1964 election. He was also a Major General in the U.S. Air Force Reserve. He was frequently referred to as "Mr. Conservative" in numerous media articles.
Comment by jim— 2008/10/20 @ 05:35 PM — (Reply)
Comment by jim— 2008/10/20 @ 05:39 PM — (Reply)
Comment by jim— 2008/10/21 @ 11:35 AM — (Reply)
Comment by Ed— 2008/10/21 @ 01:50 PM — (Reply)
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Comment by jim— 2008/10/21 @ 04:15 PM — (Reply)
Comment by jim— 2008/10/21 @ 04:16 PM — (Reply)
Comment by Ed— 2008/10/21 @ 04:36 PM — (Reply)
Comment by jim— 2008/10/21 @ 04:54 PM — (Reply)
BG
Comment by Barry G.— 2008/10/21 @ 05:25 PM — (Reply)
Comment by jim— 2008/10/21 @ 06:31 PM — (Reply)
Comment by jim— 2008/10/21 @ 06:34 PM — (Reply)
Comment by jim— 2008/10/24 @ 10:54 AM — (Reply)
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Comment by Ed— 2008/11/12 @ 04:30 PM — (Reply)
Comment by jim— 2008/11/12 @ 06:02 PM — (Reply)
Comment by Ed— 2008/11/12 @ 06:08 PM — (Reply)
Here's my rationale: We deserve it and AIG doesn't.
Comment by jim— 2008/11/13 @ 09:47 AM — (Reply)
> family?
>
> * Pay off your mortgage - housing crisis solved.
>
Comment by jim— 2008/11/13 @ 09:49 AM — (Reply)
Comment by jim— 2008/11/14 @ 05:47 AM — (Reply)
Comment by Ed— 2008/11/14 @ 01:27 PM — (Reply)
Comment by jim— 2008/11/14 @ 04:46 PM — (Reply)
Comment by Ed— 2008/11/14 @ 05:37 PM — (Reply)
Comment by jim— 2008/12/02 @ 05:16 AM — (Reply)
Comment by jim— 2009/01/08 @ 10:39 AM — (Reply)
Comment by jim— 2009/01/08 @ 10:40 AM — (Reply)
Comment by jim— 2009/02/11 @ 07:53 AM — (Reply)
Comment by jim— 2009/02/11 @ 10:17 AM — (Reply)
Comment by jim— 2009/02/12 @ 05:34 AM — (Reply)