Any ongoing small business (one which has filed business returns for at least three years) should be eligible for a $1000 interest-free loan, which could be repaid the following year as
federal income tax.
What would $1000 do? Any small business owner will attest that this loan will help plug
a small but significant gap.
If all of the 20,800,000 tax return-filing businesses took the loan, the total cost would be under $750,000,000 at today's cost of money, and every business in our country would benefit.
The second year, the amount should increase to $2000, and the third year it should rise to $3000. Total cost would still be under $2,000,000,000: $10 per citizen would increase the money supply by over $30 billion, jump-starting our economy.
