General Discussion
In reply to the discussion: To Fix The Economy, Let's Print Money & Mail It To Everyone [View all]magical thyme
(14,881 posts)and instead, they continued with their gambling and stealing.
If we give an equal amount to tax filers, that works out to $106,666 each. That assumes giving an equal amount to each tax payer. If we limit it to the bottom 80-90% of the country, we would each do somewhat better.
That would be life changing money, as well as truly economic boosting. Enough for many buried under student loans to be set free. Enough for many with upside mortgages to pay off their homes and own them outright. Enough for some to put a couple kids through college. Enough for some to renovate their homes to make them more energy efficient. Enough for some to start a business. Enough for some to finally retire. And so on.
Would some piss it away? Unfortunately, yes. But as long as they don't literally burn it or literally flush it, they'd be spending it somewhere, which would get into somebody else's wallet, and help them along.
(There were 122m e-tax filers in 2013, which was >82% of all filers.* 122x10^6/.82 = 148,780,487 filers. Rounding up to 150,000,000 taxpayers:
(16x10^12)/(150x10^6) = 106,666.67)
*http://www.efile.com/efile-tax-return-direct-deposit-statistics/