Problem solved!
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 $425,0 00 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 le t’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?
I trust my fellow adult Americans to know how to use the $85 Billion.
We Deserve It Dividend more than do the geniuses at AIG or in Washingt
on DC.
And remember, The Family 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,
A Creative Guy & Citizen of the Republic…….
(I did not Write This)
