I received a letter on the Internet. It suggests giving the $85 trillion bailout of AIG directly to each person over the age of 18. The estimated number of people 18+ is 200 million. Dividing 200 million adults 18 and over into $85 trillion = $42.5 million.
Assume a 30 percent tax rate which = $25.5 million. Uncle Sam gets that right back. But, every adult 18+ has $297,500 in his/her pocket. Married couples would have $595,000.
The writer goes on to suggest people would pay off their mortgages, repay college loans, save in a bank, buy a new car, invest in the market, pay for medical expenses.
The problem would be solved. From the bottom up! Economic boom! I strongly believe you would have a great deal more support from the constituents.
Susan Jordan
Auburn
The writer goes on to suggest people would pay off their mortgages, repay college loans, save in a bank, buy a new car, invest in the market, pay for medical expenses.
The problem would be solved. From the bottom up! Economic boom! I strongly believe you would have a great deal more support from the constituents.
Susan Jordan
Auburn
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FREBUS49 wrote on Oct 6, 2008 10:38 AM:
Another product of our great educational system! "
anonymous wrote on Oct 5, 2008 11:59 PM:
Just because you dont agree with my opinion does not mean I am the stupid one. In fact, if you want to see someone who is truly ignorant, I suggest you buy a mirror. "
brew1234 wrote on Oct 5, 2008 3:22 PM:
movedsouth wrote on Oct 5, 2008 10:34 AM:
jim wrote on Oct 5, 2008 10:22 AM:
brew1234 wrote on Oct 5, 2008 3:33 AM:
anonymous wrote on Oct 5, 2008 12:28 AM: