Comment by bdcravens
1 day ago
> a low paid, public job
I think there should probably be a level at which those requirements kick in, but keep in mind that most of the jobs we're talking about pay around $200k/year, with many of the daily and life expenses included as benefits, pushing the equivalent salary even higher.
It's not like they lose their money or lose the ability to invest their pre-public money. They could sell their business interests, then take the proceeds and put the money into a broad market fund (to prevent company- or industry-specific conflicts of interest). I'd even suggest making them exempt from capital gains should they choose to sell.
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