«title» of the «fullStateName»
«city», «st» «zip»
Dear Governor «ln»:
You could think of this as a suggestion for a significant, lucrative Family Federal Aid Program for your «fullState» which requires only state legislative action, reversing the example of Federal entitlements programs which are enacted in Washington, but are paid for by your state.
Here’s what you do: In a suite of legislation that declares the business of the «fullState» to be raising, nurturing, training & supporting capable, creative, productive businesspeople (who then, and only then, set up or work in other productive businesses), set up a Family Corporations Law, either out of whole new cloth, or amend your current Domestic or Business Corporations Law to encompass this new “business purpose”.
Let the new or amended law declare and provide:
• That all families now and hereafter are Family Corporations in the «fullState».
• That marriage automatically creates the Family Corporation, but that any individual or group of individuals may also form a Family Corporation.
• That all “traditional” employers or institutions or entities paying sums of money to a member of such corporation must change their records to pay those sums to the Family Corporation, instead of to the individuals. This would end individual income tax & withholding on those sums.
As Family Corporations engaged in the business of raising and caring for businesspeople, all the necessary expenses of food, clothing, shelter, education, transportation, communication, etc. are, of course, business expenses. (The «fullState» could begin to charge for such services as are actually rendered.)
The Federal government would of course tax the profits of the Family Corporation (as could the «fullState»), which would amount to what families now put into savings. Your «fullState» would maintain its revenue stream by tinkering with such things as corporate franchise fees. Most of the personal income tax saved by your state’s new Family Corporations would be spent in your state, benefitting your economy. Treatment of all corporations, whether “Family Business” or those existing before the Family Corporations Act, could be uniform (property tax “incentives” for traditional businesses and aid to family corporations with dependent children would then uniformly be called “corporate welfare”).
There would effectively be a national flat tax, the corporate tax.
Your state legislation should be protected by the Tenth Amendment from Federal attack.
The further the success of such Family Corporations, you’d want to add mandatory curricula in the schools in Running a Family Corporation, Family Accounting, Family Education (older family members as teachers of the younger corporate members), as well as Family Health, etc.
You could also wrap the concept in as many reams of written (or spoken) rhetoric as you wished, stating that without healthy, happy, capable, creative businesspeople, no business (of any kind) or state can long survive, etc., particularly as so much has been made in the past two decades of the plight of the American Family and yet so little has been done to ameliorate it.