Median Income ($41,560)
$2500 Unemployment Penalty
-This will be a $2500 penalty per percentage point higher than 5%, rounding up. (a $7500 penalty)
-$2500 reward per year under or at 5.5% or less
$1000 GDP Penalty
-A $1000 dollar penalty for any GDP growth less than 1.8%
-A $1000 dollar reward for growth greater or equal to 2% (Currently a $1000 reward)
$1000 National Debt Penalty
-A $1000 dollar penalty will be assessed per 10% of debt over 20% of GDP (Currently a $2000 dollar penalty)
-If at or less than 20% a $1000 reward shall be added per 5% under.
Today Congress makes $174,000, under this plan they would make $33,150.
Today the President makes $400,000, he would make $33,150.
Under this system if the President and Congress want a raise the American people would have one as well.