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Retiring House Republican says $174,000 isn't enough money for members of Congress: 'Most of us don't have wealth'
(www.businessinsider.com)
this post was submitted on 06 Jan 2024
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politics
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I don't mind paying them more. Make it a lucrative career. You know what... Why not $5mil/year. Attract the best and the brightest... Maybe.
But make the consequences count. Any hint of malfeasance... Any remote indication that they are betraying the will of the people, make them pay it all back and put them in jail. Like... We see that you took money from Comcast, then voted favorably on their bill. Jail.
Yep, this. I'd be fine with rather huge increases to their salaries on one hand, and with the other I'd:
Ban them from owning stocks
Limit employment options in senior positions of large companies for x time after their term ends
Outlaw personal gifts and favourable treatment (gifts should go to the state)
etc.
I don't know about $5m per year, but based on the importance of the job, a high six-figure salary makes sense. But, yeah, that has to be paired with a contract / oath that locks them down much more than an ordinary person. Instead of getting a free pass to do insider trading, any insider trading is punished harshly. Instead of a revolving door between congress and lobbying, require at least 5 years between leaving congress and doing any kind of lobbying work.
It should be the same sort of deal with being a supreme court justice. It should be a job where you never have money worries. But, also one where you're forbidden from getting any other income or substantial gifts. If you want to be a motivational speaker as a justice, great, but you can't make a cent doing that. If you want to write a book, wonderful, but as a justice anything you write (even on your own time) immediately goes into the public domain.