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A new bailout proposal...I need your help on this.

By
Real Estate Agent with Realty World Adams and Associates

Please take 10 mins. to read( it could change your life forever) and forward to everyone in your address book..and be sure to sign the bottom.I need 1000 signatures......   If you are the 100th ,200th ,300th and so on please forward to my email akdamrellrealtor@yahoo.com

 

This is the only way we can make a stand on this issue!!!!!! We Must get this to Obama!!!!

 

Of all the bailouts being called for..Only one makes since to me!!!!

 

SIMPLE>>>        $100,000 per American Citizen

 

Guidelines>>>>    1--Must apply for the incentive

                           2--Proof of Tax Forms in 2007

 

Advantages for Everyone>>>>>>

 

 

 Approval of the Incentive must include full payment up to $100,000 for the following debts:

 

                        1-- Any back taxes owed to U.S., and State

                              2-- Student Loans

                              3--Child Support

 

   By using this system above would cut incentive packages by 1/3 alone.

 

    Example:  If you owe taxes, student loans or child support of $50,000 then you would receive $50,000. Its that simple!!

 

I know $100,000 sounds great to everyone, but we must figure a way to pay it back....

Suggestions:  1099 each person for $10,000 for 10 consecutive years

 

                                   Offer Incentives:  New Cars (green)

                                                              New Homes(Energy Star Rated)

                                                              Investments in U.S. Companies

                                                              

 

 

I think by giving the taxpayers back their own money the economy will recover itself within 2 years.

 

Everyone knows you cannot build anything from the top down : You have to start in the mud and dirt----Where most of us live now..

 

With all the money our Government has already spent on so--called bailouts--- My bank account has got smaller.

 

I don't think we should continue rewarding the corporations for bad business, INSTEAD help the Average Tax Paying American...  

 

If you are willing to take a stand please sign below. and forward to all your contacts. If you are the 100th ,200th etc. please forward to akdamrellrealtor@yahoo.com ...I must have this back in order for this to work.....THANK YOU

 

 

1.Aundrea Damrell, Berea Ky

2.Kevin Damrell Berea KY

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Comments(4)

Show All Comments Sort:
Nate Rowe
Oakstone Properties, Homes in Richmond VA - Richmond, VA
Realtor, Homes in Richmond VA

I like the thought.  Our govt. will never give that kind of money to the public.  To them it makes more since to give it to the companies that have been taking advantage of us for years.

Jan 22, 2009 07:36 AM
Mark MacKenzie
Phoenix, AZ

I agree that a bottom up approach is what is needed to solve the economic crisis, but simply printing more money and handing it out to people doesn't make much sense - it is simply devaluing the dollar and adding to the deficit that our kids will have to repay with interest.

For what it is worth, I think the $700 billion bailout "only" comes to about $2,300 for every American, not that it is justifiable.  The $100,000 grand per American citizen is 50 times that amount.

Jan 22, 2009 07:41 AM
Rick Sergison
Keller Williams Real Estate Associates in the Toronto Area - Toronto, ON

This is a great proposal, but it will never work because it just makes too much sense.  If it DOES work, then I'm starting one for Canada!

Jan 22, 2009 07:42 AM
Andrew Haslett
Van Warren Home Inspections, NAHI CRI - Fort Knox, KY
Heartland of Kentuckynulls, Best Home Inspector

Aundrea,

Interesting proposal. I could use $100,000, but don't owe student loans, child support or back taxes.

Issueing a 1099 for $10,000 each for 10 years would be a double whammy. There would be a 33% self-employment tax to be paid on top of the rest. Maybe there is another angle.

Mar 23, 2009 03:17 AM