U.S. GDP is approximately $18 trillion and the U.S. population is approximately 320 million. If GDP were divided equally among the US population what…

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  1. U.S. GDP is approximately $18 trillion and the U.S. population is approximately 320 million. If GDP were divided equally among the US population what would each person get? If you and your nine best friends took almost all U.S. GDP for yourself but gave $3,000 per person to everyone else, how much would you get each year, just for yourself?

  2. More seriously, there are currently about 229,000 U.S. taxpayers who earn more than $1.5 million per year. If you could take their money and divide it up equally among the U.S. population of 320 million other Americans, how much money could you give each person? Note that $1.5 million is the cutoff. On average this group earns about $4.4 million per year so use that number in your calculations

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