Here are the items that should be placed on a label on all products and disclosed for all services:
- The actual percent of the cost that is contributed toward profit. If we knew this, most of us would not purchase anything with excessive mark up. I think 10% or less is a fair profit.
- The salaries of the CEO, the Chairman of the Board, the CFO and the salary of the lowest paid employee. It must include all the perks, stock options and golden parachutes.
- The percentage of the product or service that is from outside of the US.
This won’t solve the inequality, but it’s a start.
AUTHOR’S NOTE: To the humorously challenged, this is a satire.
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