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We deserve it dividend - 10/8/2008 12:36:55 AM   
Over the Hill


Posts: 515
Joined: 3/28/2007
Status: offline

Got this in an e-mail, math is off but it's still funny...

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 bonafide U.S. Citizens 18+.

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..

So 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 s ends $25,500,000,000 right back to Uncle Sam.

But it means that every adult 18+ has $297,500.00 in their pocket.

A husband and wife 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 - health care improves
Enable Deadbeat Dads to come clean - or else

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 $1000.00 ( 'vote buy' ) economic incentive that is being proposed by one
of our candidates for President.

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 c razy 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 DC .

And remember, The Family plan only really costs $59.5 Billion because $25.5 Billion is
returned instantly in taxes to Uncle Sam. Talk about a stimulus package!



< Message edited by Over the Hill -- 10/8/2008 12:40:47 AM >


_____________________________

OVER THE HILL

Some people are like slinky's; not really good for anything, but, they bring a smile to your face when you push them down the stairs...
Post #: 1
RE: We deserve it dividend - 10/8/2008 10:10:56 AM   
RIZ

 

Posts: 780
Joined: 4/17/2002
Status: offline
i love it when everyone cuts and pastes something that is totally wrong.  do the math, it's not $425,000 it's $425.  now does that make it any better.

(in reply to Over the Hill)
Post #: 2
RE: We deserve it dividend - 10/8/2008 10:20:48 AM   
bulldog1


Posts: 260
Joined: 6/5/2008
Status: offline
Doesn't make it any better, but it makes as much sense!

(in reply to RIZ)
Post #: 3
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