I'm a small business owner and millions of people and businesses like mine rely on reasonable pricing for domain names.
Allowing for 7% annual increases is unreasonable and is not required for continued effective operation of the .COM top-level domain.
In fact, over time, given the increasing power of hardware and software, prices should actually be going down.
Prices for .COM should be capped at $7.85, with no increases for at least 20 years.
Sincerely,
Ted M. Young
Spiral Learning, LLC