09-25-2008, 09:25 PM
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Night Man
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Join Date: Dec 2007
Userid: 124 Location: Texas
Age: 65
Posts: 205
Rep Power: 1
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The Birk Plan- The We Deserve It Dividend
I got this in an email from a friend. I make no comment, just passing it on for your perusal.
Quote:
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 $425,000 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+ still has $297,500.00 in their
pocket after taxes.
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. < BR> 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 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
T. J. Birkenmeier, A Creative Guy & Citizen of the
Republic
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"Difficult as it may be to believe in an era of resurgent liberalism and
compassionate conservatism, for many Americans, being free from the government is
more attractive than getting something free from the government."
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