The Bailout help

Hey /newpol/. I'm a /v/irgin who needs help arguing about this topic for my english class tomorrow. I'm not sure if I'm against it or for it.

Silly question but...
Supposedly these fuckers need roughly 700 Billion dollars to get their shit right (at least until they jew things up again).

The US population is a little over 300 Million.  If everyone just chips in $23, and say maybe the richest contribute quite a bit more, shouldn't that just about cover it?

Everyone keeps talking about how this is going to be tax money, but won't people end up paying thousands of dollars extra if they let the fuckers take the taxation route?  (or if they just print the 700 billion won't it result in an even worse tax, inflation, that'll steal away the purchasing power of the people who already have a shit economy?)