Quote:
Originally Posted by Hardrock69
I saw a figure thrown about that if they took the total spending of the stimulus package, split it up into the number of people who pay income tax each year, then each person would get like $600,000 or something like that. Perhaps an urban legend, but if they want to put cash directly into the hands of the people, WRITE THEM A FUCKING CHECK FOR $100,000! THEN SEND IT TO THEM IN THE MAIL! 
Talk about boosting short-term spending and also investment! |
I was looking at this yesterday... most recent stats from the IRS site showed 106 million returns filed for 2006. Simple math of dividing the $787 billion by that figure would net a little over $7000 per taxpayer.
While a payout like this would have an immediate effect on the economy in spending and local/state tax revenues... it would be just a quick ripple and we'd be right back in the muck in short order.
Got to fix what got us here... spending alone won't do it... cuts alone won't do it... combined will help. But curtailing certain banking and big industry abuses needs a long hard look.