I think the true measure of success of a society would be its wellbeing. Happiness and health. We should optimize all our policies to increase the mental, physical and social wellbeing for as many as possible.
Mental, physical, social & environmental wellbeing should be the only measure of success. Can we agree on it?
We also know that there’s a salary threshold for happiness, after that a higher salary will not improve:
But this may work if there is enough wealth to make everyone happy. Is there? You bet it is
The goal would be to try to bring equilibrium to inequalities. To be the perfect balance between equalitarian, and incentivizing. So that the poorest will be helped but not so much as to not aim to earn their grain. It should be an incentive to work. And the richest will rest assured that their wealth is redistributed fairly.
This system would work both as a ‘salary tax’ and a ‘corporation tax’.
We consider that it’s half the responsibility of the state, and half the responsibility of the individual to provide for itself.
As an argument of perfect equity between social/individual: Left/Right.
Therefore it would make sense that half of the duties fall on the individual and half the duties of the collective.
The top 50% would pay for the bottom 50%. Until a median threshold.
For the economy and the ‘free market’ ideals, it’s the guarantee that there will be an incentive for young companies to be survive better (They would receive help from the government depending on a threshold)
THR = THRESHOLD COMPENSATION = 75k$
ALL = TOTAL COMPENSATION (Salaries ++ ) FOR EVERYONE 7t$
MAX = Highest compensation => 131M$ (source)
MIN = Minimum compensation => T/2 = 32.500$
PER= PERCENTAGE OF CREDIT/TAX
PER = ALL+50%+MIN —( THR — MIN)
For savings the same approach. The wealth that doesn’t move should lose its value. While those who move
Average Age of life expectancy rate: 75 years
Max we can live: about 100 years (just to put a number)
(Our current age/Max we can live)/2 * (How much money everyone has already in total/Total number of people)/2
This framework should offer a perfect balance between rewarding individuals who are able and willing to partake in the free market economy, yet it would also sponsor those who are less able. It would incentivize everyone to contribute, yet aim to not penalize those who work. A best of both world situation.
Let me know your thoughts
