Old Project Avalon Forum (ARCHIVE) - We Deserve It Dividend Plan

This idea sounds just crazy enough to possibly work, so
> naturally it won't be given serious consideration. How
> great our bureaucracy!!
>
> 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 billion 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?
>
> I trust my fellow adult Americans to know how to use the
> $85 Billion We Deserve It Dividend more than I do the geniuses at AIG
> or in Washington DC
>
> And remember, The WDID 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.