Aces High Bulletin Board

General Forums => The O' Club => Topic started by: 2Slow on October 01, 2008, 01:31:42 PM

Title: What would you do with $297,500.00 to $595,000.00?
Post by: 2Slow on October 01, 2008, 01:31:42 PM
I got this in a spam from an associate.  Interesting idea, if it would work.

I'm against the $85 BILLION 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 bona fide U.S. citizens, aged 18+.

Our population is about 301 million counting every man, woman and child. So, 200,000,000 might be a fair stab at adults 18 and up. Now, divide 200 million, 18+ adults into $85 billion - that equals $425,000.00 each! Yes, my plan is to give that $425,000 to every adult as a "We Deserve It" dividend.


Of course, it would NOT be tax free. So, let's assume a tax rate of 30%. Every would pay $127,500.00 in taxes. That sends $25.5 billion right back to Uncle Sam! It also means that every adult 18+ has $297,500.00 in their pocket. A husband and wife would have $595,000.00!


What would you do with $297,500.00 to $595,000.00?

* Pay off your mortgage - housing crisis solved
* Repay college loans - what a great boost to new grads
* Put away money for college - it'll really 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 and older (including the folks who lost their jobs at Lehmann 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 $1,000.00 economic incentive.


If we're going to do an $85 billion bailout, let's bail out every adult U.S. citizen!!


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.


We deserve the money and AIG doesn't. Sure it's a crazy idea, but can you imagine the coast-to-coast block party?!


How do you spell Economic Boom ? W- e D-e-s-e-r-v-e I-t d-i-v-i-d-e-n-d! 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, D.C. ..


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.
 
Title: Re: What would you do with $297,500.00 to $595,000.00?
Post by: FrodeMk3 on October 01, 2008, 01:37:13 PM
I believe this one's already been de-bunked. The math really only comes out to something like 2,600$ per.
Title: Re: What would you do with $297,500.00 to $595,000.00?
Post by: Anaxogoras on October 01, 2008, 01:44:05 PM
This is so dumb.  Just slash the zeros.

85,000,000,000 is 85 billion
    200,000,000 is 200 million

You get 850 divided by 2.

I'll let the reader figure out the rest...someone failed 2nd grade math.
Title: Re: What would you do with $297,500.00 to $595,000.00?
Post by: 2bighorn on October 01, 2008, 01:58:02 PM
Every would pay $127,500.00 in taxes.

LOL, that'd make 25,500,000,000,000 in tax revenue.
Title: Re: What would you do with $297,500.00 to $595,000.00?
Post by: Saxman on October 01, 2008, 02:04:57 PM
Woo! That ALMOST gets me a month's rent!

 :rolleyes:
Title: Re: What would you do with $297,500.00 to $595,000.00?
Post by: SpazMan on October 01, 2008, 03:00:48 PM
$425.00 x 2 = $850.00 x 30% = 255  850-255 = 595......Wow I can't even buy a plasma TV.... :rofl
Title: Re: What would you do with $297,500.00 to $595,000.00?
Post by: 2Slow on October 02, 2008, 10:20:39 AM
This is so dumb.  Just slash the zeros.

85,000,000,000 is 85 billion
    200,000,000 is 200 million

You get 850 divided by 2.

I'll let the reader figure out the rest...someone failed 2nd grade math.

You are correct, someone did.  $425.00

Title: Re: What would you do with $297,500.00 to $595,000.00?
Post by: JAGED on October 02, 2008, 10:26:16 AM
(http://network1.1.googlepages.com/math.jpg)
Title: Re: What would you do with $297,500.00 to $595,000.00?
Post by: SFRT - Frenchy on October 02, 2008, 10:32:43 AM
I'll give $100,000 to each Aces High player.