This is a new proposal for a stimulus package
$100,000 per single AND $200,000 per married couples with stipulations....
Stipulations need to be in place to prevent the issue there was with AIG.. and to target select business areas and areas in crisis...
This proposal is meant to not only aid hard working, struggling, taxpaying Americans but to help the floundering business areas that need a increase in the economy Housing, Auto, Investments, & Retail Markets.
THIS STIMULUS IS ONLY FOR THE TAXPAYERS THAT PAY THEIR TAXES.......50% must be used in the housing market (IE: Purchase of a home, paying off a mortgage, buying down a mortgage)..... 20% must be used in the auto industry (IE: paying off a car note, purchasing a new energy efficient vehicle). .....10% must be used in investments (IE: stocks, bonds, savings, CD's). .....20% used to pay off personal debts, continuing education, new purchases or vacations.
But... if you choose to put all your stimulus into the housing industry that is also allowed.
$$$$$$$$$$$$$$$ BREAKDOWN $$$$$$$$$$$$$$: $100,000 for singles..........$50,000 Housing....$20,000 Auto Industry.....$10,000 Investments.....$20,000 paying personal debt (c. card and revolving cr. lines),continuing education, vacations, new purchases, starting own business, new purchases.........$200,000 for married couples...... $100,000 Housing Industry.....$40,000 Auto Industry.......$20,000 Investments.......$40,000 paying personal debt (c. card and revolving cr. lines), continuing education, vacations, new purchases, starting own business, new purchases......
By new spending in certain areas the economy will benefit, by paying down or off debt opens available dollars to be spent within the economy. Hence, if people do not have debt payments and loans to pay the income they make will go directly into THE ECONOMY... which will jump start the economy...
