We Deserve It Dividend

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ditchdoctor
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We Deserve It Dividend

Postby ditchdoctor » Fri Nov 07, 2008 11:02 pm

I saw this posted by someone else on the net and I like this idea better than the government plan...

Hi Friends,
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 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 has $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 crazy idea that can "never work."
But can you imagine the Coast-To-Coast Block Party!

How do you spell Economic Boom?
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.

Ahhh...I feel so much better getting that off my chest.

Kindest personal regards,



But the math don't add up, wish it did
Last edited by ditchdoctor on Fri Nov 07, 2008 11:45 pm, edited 1 time in total.

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Kerry Tobin
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Re: We Deserve It Dividend

Postby Kerry Tobin » Fri Nov 07, 2008 11:24 pm

Uh, unless I'm having serious problems with my math, this was originally written by someone who can't figure out why they can't afford a $750,000 home on $30,000 a year.

85 billion divided by 200 million is $425.

Even if you jump to the 800 billion or what ever it was it only comes to $4000 a person... The total national debt just crossed 10 trillion dollars, which equates to about $32,895 per person in the US.


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