Posted 7 years ago on March 6, 2013, 2:37 p.m. EST by ProblemSolver
This content is user submitted and not an official statement
Let's see if we can get a consensus on this ..
I would like Congress to place a cap on sales profit-mark-up.
This would prevent the accumulated wealth we see piling up at the top.
1% of the population has 40% of the wealth.
The bottom 40% have about 1% of the wealth.. (estimated)
How much profit should a sales person be allowed to make on selling a product ? Should there be a cap? .. a limit ? Some sales earn the middle man as high as 500- 600 % profit ?
If we placed a cap on mark-up three things would happen:
The economy would start to roll again.
Cost of living would be lowered / standard of living raised.
Thanks in advance for your thoughts.