This idea
did not come from a politician but from a real human being.
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 team 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 do 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,
Birk
R. W.
Perry, A Creative Guy & Citizen of the Republic
PS: Feel free
to pass this along to your pals as it's either good for a
laugh or a
tear or a very sobering thought on how to best use $85 Billion!!
Forwarded by
Bill Fairchild
Franklin, TN