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Forum Post: Maximum Markup

Posted 2 years ago on Oct. 13, 2012, 4:31 p.m. EST by richardkentgates (3269)
This content is user submitted and not an official statement

The healthcare law provides an important and exportable model for reshaping the economy. Health insurance companies may only keep 20% of revenue as profit. There are many things that a model society requires from each of us, if we don't have certain things, there can be no equality. Notice that the 20% cap wasn't applied to services but an actual product. The complexity in deciding market value for services makes profit caps for services unrealistic, but I can see no reason this shouldn't be applied to retail. A 20% markup cap on retail could bring the affordability of needed items into focus, such as communications, clothing, food, furniture, ect. Also, applying a profit cap to retail could singlehandedly restrict inflation and put a jimmy hat on any action the fed takes.



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[-] 2 points by TechJunkie (3029) from Miami Beach, FL 2 years ago

What's your cost on your web sites? You host them at, what, $9/month, for al