Only the top 10 percent of Americans are seeing their wealth grow while the rest get less and less wealth. Everyone is aware of this national problem. Most #candidates think that it can be solved by taxing the rich and giving to the poor through tax break. Yeah, right. It is a complex problem. Part of the problem, in my opinion, is that consumers pay too much for products and services that are providing excess profits to the rich. There should be better transparency on the real cost of products and services. We already have labels for nutrition and the country where the product is made. I propose adding more information to the label.
Here are the items that should be placed on a label on all products and disclosed for all services:
- The actual percent of the cost that is contributed toward profit. If we knew this, most of us would not purchase anything with excessive mark up. I think 10% or less is a fair profit.
- The salaries of the CEO, the Chairman of the Board, the CFO and the salary of the lowest paid employee. It must include all the perks, stock options and golden parachutes.
- The percentage of the product or service that is from outside of the US.
This won’t solve the inequality, but it’s a start.
AUTHOR’S NOTE: To the humorously challenged, this is a satire.
For e-books by me, visit http://smashwords.com/profile/view/monteranderson.
Follow me on Twitter at http://twitter.com/monteranderson