Cap ALL govt contractor(especially 'defense') PROFIT MARGINS at 20%.

[livingwagenow]

Stop the fleecing of our govt by the MIC war profiteers or so-called 'defense' contracts at 20% MAXIMUM profit.

Imprison those who fleece our govt and taxpayers. On windfall profits above 20%. We the people have the right to know how much Mcdonnell-Douglas, Boeing, BAE, Northrup-Grumann etc are profiting off of US taxpayer funded contracts.

What are their profit margins down to the penny. Every Federal govt contract's profit margins should be read before the US House and Senate so that every elected federal official will know the price tag.

Cap it at 20% max if we are ever going to get serious about deficit reduction.

It starts there.

Imprison windfall profiteers.(those who profit more than 20% from ALL govt contracts)

WE ARE BEING FLEECED.

[Arctic Dave]

1. 5%

Anymore then that is theft.

[livingwagenow]

3. Deal! I'm all for that. No argument here!

FUCK the MIC Fascists and their warpig ilk.

[SleeplessinSoCal]

7. Check your email! I need a name

[Recursion]

2. The current average is like 4%

A T&M contract generally allows a 4% markup. I can't think of a single defense contract that allows profits as high as 20%.

What are their profit margins down to the penny. Every Federal govt contract's profit margins should be read before the US House and Senate so that every elected federal official will know the price tag.

They aren't literally read out loud in the well of the House, but they're publicly available. They don't get money on margin but on quantity.

[Sotf]

4. Well that's no fun....

Way to fuck up a rant...

[PowerToThePeople]

8. you can game the system.

It is easy to show costs much higher than actual.

[ForgoTheConsequence]

5. No profit from war, period.

....

Maybe the will make the Dianne Feinsteins and Dick Cheney's think twice.

[JDPriestly]

6. Yes. And limit salaries of CEOs of government contractors if the percentage of the company's

business is more than 50% government-related, meaning governments of the US including federal, state and local government levels.

No CEO of a government contractor should earn more (including bonuses) than the US president. They just aren't worth as much as our president. And if more than 50% of their business is with government of different levels, they are being paid by taxpayers and should not be earning the big bucks that way. The limits on the CEO's salary should apply to all employees of a government contractor.