Comment by saulpw

4 days ago

I like that idea, and I agree. a 10x spread of $ between skill levels, and otherwise by hours of effort and years of tenure. Yes the flight attendant who's worked there for 30 years should have more ownership (and more influence) than an executive who started last month.

I have an idea I've been batting around: mandatory 1% annual tax on public corporations that is expected to be paid in their own stock, and either held in a sovereign wealth fund, or distributed equally to all citizens. This simultaneously dilutes the wealth of the majority owners hold, boosts public savings (tax advantage to holding rather than selling), and makes ordinary people automatically invested in their nation's economy.