Monday, February 2, 2009

If The Bailed Out Money Was Handed Out to the US People...


Question: "If we just gave all the bailout money to taxpayers, how much would we each get? I've seen $25,000, $300,000, $1 million - what's the real answer?" -- Miranda Marquit, Logan, Utah

Answer: $9,718.49

To arrive at that figure, CNNMoney.com took the total of the bank bailout, $700 billion, and added that to the proposed stimulus spending in the House of Representatives bill, $819 billion. That totals $1.519 trillion.

We then divide that number by 156.3 million, which was the total number of U.S. filers in 2008.

So: $1.519 trillion divided by 156.3 million equals $9,718.49 per U.S. taxpayer.

-I say we do it! Oh man taxes are going to be so crazy high when were old......

1 comment:

whateveryouwantittosay said...

I could do so much with $9,718.49. Uncle (Sam): gimme, gimme!