I’ll list it below so you can see it, in case you haven’t. The person that wrote this, and the people that think it great, CAN’T DO MATH!
*********************************************************
80 BILLION DIVIDED BY 200 MILLION EQUALS $425 each! (Not $425,000)!
*********************************************************
Here’s the email:
This sounds like a really great plan. To bad no one will take it seriously
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%. Everyone 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 ?Parents ?to come clean - or else
I’m just wondering if it’s trouble in math that caused this: http://www.youtube.com/watch?v=_MGT_cSi7Rs
February 17th, 2009 at 8:55 am
Yea chain E-mails have a habit of being wrong lol.
Ahhhh math fail!