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I recieved this as an email but, I think this guy has his head on his shoulders and I'm all for it. Let's get Washington to do what THE AMERICAN people need not want the millionaires need! Bic Plan: I'm against the $85,000,000,000.00 ($85 Billion) bailout of AIG. Instead, I'm in favor of the Bic Plan which gives the $85,000,000,000 to America in a ‘Who Better Dividend’. To make the math simple, let's assume there are 200,000,000 legitimate 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 Who Better 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 ($25 Billion) right back to Uncle Sam. But it 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 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 goin g 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 I do the geniuses at AIG or in Washington pennsylvania And remember, The Bic 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, Jeff ‘Bic’ A Citizen of the Republic PS: Feel free to pass this alon g 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!!
Check the math...it would only be $425.00 per person. In order to give 200 million people $425,000.00 you would have to start with $85 trillion. Good thought though -
Wowee wow. After receiving this same email, and searching for responses regarding it online for several minutes, this is the first one where someone actually pointed out the error that makes the entire email pointless. Mr. 'Bic' spent probably 15 minutes typing this up just right, and probably a lot longer thinking about the concept in general, without being able to do or even CHECK simple math before sending out this garbage. Sadder still, enough Americans have read this, agreed, and forwarded it on that it shows up on yahoo answers and several other internet discussion sites as a viable idea!
WOW !!!!! How do we get this done? Forward it to all members of congress. They are all adults 18+. They are bound to vote for it.
Have you woke up out of your lovely dream and what do you suppose the people with disabilities will get
I recon that would work.