2016 Postmortem
Related: About this forumHow much money is $250,000,000?
you could spend $250,000 a year.....
for the next 1000 years
You could donate $125,000,000 - and still live on $1,250,000 a year for the next 100 years
hedgehog
(36,286 posts)here's one for $1,250,00
http://realestate.msn.com/great-homes-for-dollar125000-or-less
You could buy that house and have $248, 750,000 left over.
cwilmire
(4 posts)You could give it to the US Government. They would spend it in 34 minutes and 37 seconds.
VWolf
(3,944 posts)Enjoy your stay.
In order to pay back debt, you first have to spend less than you take in, then apply the difference to the debt. Works just like a loan or credit card.
hedgehog
(36,286 posts)is that Romney's tax bill is so low!
Agreed. Everyone needs to be taxed fairly. Flat tax... The more you make the more you pay.
RobertEarl
(13,685 posts)Are you saying someone who makes a billion should pay 35% in income taxes? That would be 350 million a year.
VWolf
(3,944 posts)Reagan? No.
Bush I? Nope.
Bush II? Not even close.
Oh yeah, I remember. It was Clinton.
Last year the Treasury took in %113 of the tax revenue that they took in during the highest Clinton surplus year. Why no surplus last year? Ding-ding-ding. It is the spending that is out of control.
jeff47
(26,549 posts)Hint: Is the population the same last year as the highest Clinton surplus year?
cbrer
(1,831 posts)They lost more CASH than that in Iraq and Afghanistan