I'm against the $85,000,000,000.00 bailout of AIG. Instead, I'm in favor of giving $85,000,000,000 to Americans in a We Deserve It Dividend. To make the math simple, assume there are 200,000,000 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+. Divide 200 million adults 18+ into $85 billion that equals $425,000.00. My plan is to give $425,000 to every person 18+ as a We Deserve It Dividend. It would NOT be tax free. Assume a tax rate of 30%. Every individual has to pay $127,500.00 in taxes. That sends $25,500,000,000 back to Uncle Sam. But it means that every adult 18+ has $297,500.00 in their pocket. Pay off your mortgage - housing crisis solved. Repay college loans - what a great boost. Save in a bank - create money to loan to entrepreneurs. Buy a new car - create jobs. Invest in the market - capital drives growth.Answer Question
Asked by Anonymous at 3:17 AM on Oct. 2, 2008 in Money & Work
Answer by MoonDanceMommy at 3:24 AM on Oct. 2, 2008
Answer by TrudyP at 7:03 AM on Oct. 2, 2008
Answer by Dragonliegh at 9:04 AM on Oct. 2, 2008
Answer by BusinessMom123 at 1:36 PM on Oct. 2, 2008
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