auditor0007
Gold Member
I do have some specific suggestions that I feel would be helpful long term:
Public financing for public elections
I'm not really sure about that. Do we really want every whackjob and nutjob getting a federal handout to run for President or Senate and Congress. How do you determine who gets tax dollars. Do you want a bureaucrat determining who is a "valid" candidate? We did try that with the Presidential fund, but no one checks that box, and they gave them the money anyway, at least until four years ago, when everyone opted out.
Flat rate Social Security Tax, first dollar to last all forms of income
I think what needs to happen is to admit that social security is a welfare program and not a savings program, and it should be means tested.
Index minimum wage to the average increase in CEO pay for the S&P 500
Interesting concept, don't think it's doable. To the point, though. When Reagan was elected, CEO Pay averaged 40 times worker pay. In 2010, that number ballooned to 400 times worker pay. It is not because our companies are better managed, it's because they've learned to game the system.
And this is a uniquely American thing. IN Europe and Japan, CEO pay is about 10 times worker pay.
The root cause of all of our economic problems are not due to how much CEO's make but to how little the average worker is paid. Worker Productivity has increased by 80% over the last thirty to forty years, but worker pay has decreased in real dollars. If worker pay had increased accordingly, things would be much better for everyone right now.