Heres your money as of 7/09 Follow the money: Bailout tracker - CNNMoney.com
According to Wikipedia in 2007 138 million people paid taxes. You have folks that don’t make enough income to qualify, students, stay at home parents, children, etc. Let’s round up to 140 million or 46% of the citizen base.
2.7 trillion(dollar amount spent as of 7/09 on bailouts) divided by 140 million = $19,285 check to each tax paying citizen.
Granted if you substitute 10.5 trillion (the total amount committed) for the 2.5 trillion (total amount spent) the numbers get very large very quickly.
10.5 trillion:
According to Wikipedia in 2007 138 million people paid taxes. You have folks that don’t make enough income to qualify, students, stay at home parents, children, etc. Let’s round up to 140 million or 46% of the citizen base.
2.7 trillion(dollar amount spent as of 7/09 on bailouts) divided by 140 million = $19,285 check to each tax paying citizen.
Granted if you substitute 10.5 trillion (the total amount committed) for the 2.5 trillion (total amount spent) the numbers get very large very quickly.
10.5 trillion:
- $35,000 per citizen (men, women, children, non-tax payers)
- $75,000 per tax payer