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CNN Money Summit: Your questions answered

As part of the first-ever CNN Money Summit, we asked readers and viewers about their pressing economic questions. Then we got experts to weigh in.

1 of 12

How much $$ per taxpayer?

Miranda Marquit, 29, is a blogger for YieldingWealth.com

• Have a question you want answered? Post it here!
• CNN Money Summit: Stimulus dissected

Question: "If we just gave all the bailout money to taxpayers, how much would we each get? I've seen $25,000, $300,000, $1 million - what's the real answer?" -- Miranda Marquit, Logan, Utah

Answer: $9,513.76

To arrive at that figure, CNNMoney.com took the total of the bank bailout, $700 billion, and added that to the $787 billion estimated cost of the stimulus bill, the American Recovery and Reinvestment Act. That totals $1.487 trillion.

We then divide that number by 156.3 million, which was the total number of U.S. filers in 2008.

So: $1.487 trillion divided by 156.3 million equals $9,513.76 per U.S. taxpayer.

By Julianne Pepitone, Larissa Padden and Lara Moscrip

NEXT: Why can't we split the money among taxpayers?

Last updated April 14 2009: 11:56 AM ET

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