Would there also be a minimum pay per day? If solving wealth inequality is the issue,then there needs to be a minimum pay ear day greater than zero. We don't want those that are disabled to starve to death.
Well no, read the OP... The new federal law doesn't mandate a minimum pay, just a maximum amount you can earn per day of $100. If you don't want to work you can depend on benevolence from others, that's up to you. We've not really discussed taxation and how we would pay for running government and providing social entitlement programs or disability. Perhaps we'll have a consumption tax?
An 8-hour day at $100 comes to $12.50 per hour. Obviously, certain jobs would be of greater value than $12.50 per hour so you'd work less hours depending on competition for those jobs. The time you worked per day or how many days per week would become the driver as opposed to amount per hour as it is now. Maybe there is an easy job that lots of people can do and some will say... I'll work 10 hours at $10 per hour instead of 8 at $12.50.
We obviously can't pay people to do nothing, no one wants to do that. Would you like to pay me to do nothing? If so, I'll gladly send you my Paypal information through PM. Paying people for doing nothing is not solving wealth inequality, it's simply paying people to do nothing. This plan pays everyone $100 per day maximum. You can make up to $700 per week and your hours per day and days per week are what is negotiable depending on what you'll do and the market for your particular service. As you can see. if everyone is capped at $700 maximum, we have no inequality in wealth, the problem is solved. This is why the fictional future government passed this law.
So we've solved the inequality in wealth problem but now we seem to be running into some problems with people being motivated to actually do productive work that needs doing. We've had only one person in the thread who stated he is willing to work 16 hrs per day to do whatever needs to be done. Now if we just had about 149,999,999 more people that committed, we would have something going on. Unfortunately, most people don't seem to want to work for $6.25 per hour and 112 hours per week.