stop the madness
Please stop forwarding around these emails, the math is completely wrong. please if you have any sort of college degree return it to your school of issuance, cause you just failed basic math.
> I’m against the $85,000,000,000.00 bailout of AIG.
>
> Instead, I’m in favor of giving $85,000,000,000 to all
> Americans as a ‘Dividend’.
>
> To make the math simple, let’s assume there are
> 200,000,000 bona fide 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 billion that
> equals to a hefty ‘$425,000.00′
>
> My plan is to give $425,000 to every person 18+ as a
> ‘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 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, a great boost to new grads’
> Put away money for college, it’ll be there’
> Save it 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 parents medical insurance, ‘health care
> improves’
>
> Remember this is for every adult U S Citizen 18+ including
> the folks who lost their jobs at Lehman Brothers and every
> other company
>
> If we’re going to re-distribute wealth let’s really
> do it..instead of trickling out
>
> 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 and Sell off its parts.
> 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’ we were not invited to the last 10 years
> of ‘party time’ bonuses
>
> And remember, The this plan only really costs $59.5 Billion
> because $25.5 Billion is returned instantly in taxes to
> Uncle Sam.