I'm under the impression that Section 8 housing is set up so you never have to pay more than 1/3 of your income towards rent. So, I was thinking a bit more, and wondered what it would be like if the grocery bill was under the same standard??? Pick a percentage of your income and then the items in the store automatically take your income into account and adjusts the prices of the items you buy. The government would reimburse the store for the unpaid bit of the regular, normal price of the good.
Many, many, many people have little or no reportable income, and therefore are not required to file a tax return.
With people that have little to no income that's all the more reason they need lower prices or free items. This is a welfare scheme based on percentages of income and how much middle class people should spend based on a graph of their income. Then transform that to the poor and to the rich.
How much would Bill Gates pay for a loaf of bread? How much will someone with no income or wealth pay for the same loaf of bread? Looking 20-100 years into the future, how will we expect food sales to work? Will everyone simply be paying $20-$30 for a loaf of bread? Will food be nationalized and distributed free of charge? No more grocery stores...just online ordering with delivery in 1-2 days?
How much would Bill Gates pay??? There would be a baseline price and the poor get it cheaper. The no-income individual would get the food for free, that's a little delight of the system. But food won't ever be free, nationalized, and with home delivery until our scientists discover a Unified Field Theory (UFT), where we can convert energy into matter. And if we get there we can pop a microwave like device in your kitchen and it can produce any bit of food you desire. But that's a bit far off in the future for now.
I was a armor crewman in the army and rode abrams. That gas turbine gets about 1 mile to 1.5 gallons.
Why would any enterprise want to go along with such a complicated pricing structure??Any business wants to price their merchandise so that it is profitable to them.
From the company's point of view they charge the same price for everyone. With the government making up the difference between the price the shopper get's charged and the actual price. It's a good job for technology and automation.
Just eat tesco value beans it never harmed me as a student although my flat mates might have disagreed
This seems super problematic. Think about it this way. If a cheeseburger is too expensive for someone to purchase because they don't have the income, how does making food pricing reflective of that then make those food items even remotely affordable for folks who do have the incomes? If, as you point out, pricing is reflective of ability to pay, if something represents 100% or more than that, how would food ever be priced for those with actual income? I would point out that artificial price separation is usually the fastest way to stagnation and the inability of the economy to produce. Then what? No food at all? Soviet style lines for bread or other "luxury" items?
Very little different in product mind you. Its typically about branding to create loyalty, often ensuring consumers pay over the odds. The manipulation of advertising no less! Supply creates demand...
And what about the black market if I was very poor I would buy say for a high end stake for my pittance, then sell it to the wealthy household for less than he would pay for it, say for half and pocket the profits. And be ahead since the cash income I get I could buy another steak for myself and eat it and still pocket the money not telling anyone. That's how the system is now if a locksmith does some work one can pay by credit card and pay one price, if one pays cash gets a lower price say twenty five percent less and the tradesman can pocket the money not reporting the income.
Well if they don't report their income it's going to short them their social security. Pay now, or you're broke later.
