A friend of mine got this email from an old neighbor. $600k sounds good in my household.
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 plus, counting
every man, woman and child. 200,000,000 might be a fair stab at
adults18 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 sends
$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 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 US 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 the geniuses at AIG or in
Washington DC. And remember, The Birk plan only really costs $59.5
Billion because $25.5 Billion is returned instantly in taxes to Uncle Sam.
Sound good?
i would blow it all on bubble gum and comic books.
I would blow it all on fancy cheese and good wine.