01.28.10
Corporations: The MY AMERICA FUND
Now that corporations can spend as much as they want on elections lets enlist their help in the following way.
Proposal: Create the MY AMERICA FUND
Require it to be funded by corporations and by Congress.
Congress will agree to put aside ten pencent of their campaign contributions for the MY AMERICA FUND
In addition Corporations will place matching funds to every contribution made inside the MY AMERICA FUND
Example: A Congressman or woman receives $10,000 in contributions from Corporation XYZ.
From this contribution the MY AMERICA FUND receives $1000 from the Congressman or woman and a matching $10,000 from Corporation XYZ.
In this way all contributions will have the added benefit of providing for those programs that the MY AMERICA FUND sponsors.
A limited tax credit will be given for that portion of the contribution that is the matching amount.
No tax credit will be given to the Congress person’s amount of contribution.
The MY AMERICA FUND may only be used on public works projects, education as in retraining our workers or to subsidize medical benefits.
The details can be worked out and expanded from the Federal Government to the local government.
Those who contribute the most will receive preferred status for government contracts.
What we have to do is make the success of America the success of the rich. Strange how no one ever thought of it that way.
Please let me know what you think.