Congressional pay, and all federal positions, should be a function of the minimum wage. The job pays the minimum wage times some number. If they want a raise, the only way to get it is to raise the minimum wage.
And c-suite pay should be capped at a multiple of a company’s median employee pay, I’m not going to pretend to know what the multiple should be but there should be a tie in somewhere. Varying industries make it hard to set an overall standard, but even seeing it to whatever today’s highest ratio in the s&p 500 would be a start.
And it should be illegal to gamble privately in the stock market. Instead, ALL citizens should be made equal shareholders in the entire economy, and all companies should be made to pay a portion of the profits to be invested into a general fund, and the gains paid out to every single member of the public.
Congressional pay, and all federal positions, should be a function of the minimum wage. The job pays the minimum wage times some number. If they want a raise, the only way to get it is to raise the minimum wage.
And c-suite pay should be capped at a multiple of a company’s median employee pay, I’m not going to pretend to know what the multiple should be but there should be a tie in somewhere. Varying industries make it hard to set an overall standard, but even seeing it to whatever today’s highest ratio in the s&p 500 would be a start.
And it should be illegal to gamble privately in the stock market. Instead, ALL citizens should be made equal shareholders in the entire economy, and all companies should be made to pay a portion of the profits to be invested into a general fund, and the gains paid out to every single member of the public.
That sounds like taxes with extra steps.