My friend Master Legend - he is a real life Superhero that you can find at https://www.facebook.com/therealmasterlegend?fref=ts and https://www.facebook.com/pages/Maste...43047912386245
Has had an idea for profit sharing. Due to the economic inbalance in society. His plan was for business owners to be able to own 70% of profits earned - but that in addition to their minimum wage payments - anything extra that the business makes, it all gets redistributed back to the workers.
For example. Let's say the owner of a big chain of restaurants at the end of the month - after paying the employee's salaries and also the taxes and stuff, that they have $1,000,000.00 (one million dollars - for the dyslexic readers out there) left over - 70% of that which would be $700,000.00 (seven hundred thousand dollars) they get to keep - but that the remaining $300,000 all gets distributed back to the employees.
I'm not as smart when it comes to economics. I'm not a socialist - I think I would actually lean capitalist but not too far in that direction - I like it when everyone is prosperous.
I'm not as open-minded when it comes to social issues - I mean I'll hear what people have to say but pretty set in my ways there. When it comes to fiscal issues, I am more willing to hear all sides' ideas on this.