Other than their salaries, should members of congress be taxed 100% on their net worth gains, especially stock trades & investment, while in congress?

[Kelley1]

The majority of America's elected officials in Washington, D. C. are millionaires. At the same time, 50 percent of Americans cannot afford to spend $5,000 in an emergency.

The median American citizen saw his or her household net worth decrease from 2004 to 2012 by an annual rate of -0.94 percent, while members of Congress experienced a median annual increase of 1.55 percent. Congress saw a total increase of $316.5 million in assets held by all members. https://ballotpedia.org/Changes_in_Net_Worth_of_U.S._Senators_and_Representatives_(Personal_Gain_Index) a

[Surely]

No, it isn’t right for them to do insider trading. With all of the perks they get. That goes with their political agenda. They don’t need anything more.
But I am sure. That even if they were to enact laws to prevent them from doing that. They would include loopholes to somehow allow them to work around the law!

[Surely]

Thank you for the MHO!

[Danny_dan92]

FUCK YES!!! Imagine figures like NANCY PELOSI saying we need to tax the rich, meanwhile she’s worth billions.

[RetroReviews]

Thing is she's getting up there in age and she can't take it with her

[Danny_dan92]

She has next of kin I believe

[Avicenna]

You don't want members of Congress paid so poorly that they take bribes, but nor do you want them doing insider trading like they do now. Best would be to make them put their assets in a blind trust while in Congress. But there is no fail-safe way to avoid conflicts of interest and corruption.

[Kelley1]

$174,000 per annum is not chicken feed but they take bribes anyway. The fact is people will take bribes regardless of how much the earn. Millionaires want to be billionaires.

[Avicenna]

Well, we probably have too many members of Congress anyway, but you are correct that they are motivated by their own financial interests.

[RetroReviews]

Yes and that's BS if they're not being taxed like that

[shortster]

Congress should be paid on the budget surplus; but should incur debt if it is a deficit.

[Juxtapose]

That's actually a really good idea.

[shortster]

Thanks

[SixFootSexy]

Convinced you can't change this unless there's a death penalty for corruption. Hanging or guillotine.

Oligarchy gonna oligarch.

[MrGSpotHer]

I beli a lot of the people who decide on important things or run contrys should have no other income that should be the sole interest of the people incharge of us, us.

[exitseven]

Insider trading should be forbidden for members of congress. Violators do jail time.

[jahaims]

They do it all the time with zero consequences