Well said, This is what they do in Japan...



>From: "James B. Byrne" <[log in to unmask]>
>Date: 2008/09/08 Mon AM 09:31:06 EDT
>To: [log in to unmask]
>Subject: Re: [HP3000-L] McCain Running Mate

>With respect to earned income there are at least several things that can,
>and should be done, by regulation:
>
>1.  A full work year should be defined in statute as comprising 2000 hours
>of labour per calendar year.  Full time employment should be defined as
>comprising at least 1800 hours of labour per calendar year.
>
>2. Except in an declared emergency, no person, having the care, custody or
>control of another person, or performing any duty that presents a danger
>to the heath or safety of any other person, shall work more than eight
>hours in any twenty-four hour period.  Except in a declared emergency, no
>person shall work more than ten hours in any twenty-four hour period
>regardless of circumstance.
>
>3. The minimum hourly wage should be set by statute at ( 1.1 X the
>nationally averaged poverty income level for a family of four in dollars /
>2000 hours) and automatically adjusted on January first and July 1st of
>each year.
>
>4. Any person engaged by a public or private enterprise for more than 600
>hours in a calendar year, whether directly or indirectly through a third
>party, shall be entitled to all of the employment benefits available to
>any other employee.
>
>5. With the exception of health and legal benefits paid to an individual
>in consequence of a legitimate claim, the value of all salary, wages,
>bonuses, all incentives, and all benefits, whether taxable or not, from
>all sources whether domestic or not, paid to an individual or disbursed to
>their benefit by a public or private enterprise and any related entity
>shall be considered their earned income. Unearned income paid from
>investments made to the benefit of an employee by their employer is also
>considered earned income.
>
>6. No person shall be remunerated for work in excess of 2100 hours per
>year from all sources and remuneration of work in excess of 2000 hours per
>calendar year shall be made only upon the basis of documentary evidence
>for every hour paid (including the first 2000) and verified by a
>independent third party audit.
>
>7. The maximum annual remuneration of any employee or officer of any
>public or private enterprise shall be no more than seven times the annual
>earnings of the lowest paid employee of that same enterprise or any other
>enterprise related by ownership or investment, adjusted to a standard 2000
>hour work year.  Persons engaged on personal service contracts or through
>third party employment agencies for more than 600 hours in a calendar year
>are deemed employees of the engaging enterprise for the purpose of maximum
>remuneration.
>
>These provisions allow enterprises to pay their top exceutives as much as
>they wish, provided that the lowest paid employee gets no less than 1/7
>the same amount on an adjusted hourly basis and that all people that work
>for a firm for a significant period of time in a year are counted as its
>employees.  They also go a long way to ensure that there should be no
>"working poor".
>
>This sidesteps the issue of unearned income from things like personal
>investments.  Therefore, great care would be required in the crafting of
>the legislation to prevent "creative" use of investment instruments to
>"pay" top executives.  Finally, lone wolf entrepreneurs can work
>themselves into an early grave as much as they like for as much money as
>they can garner.  However, once they hire somebody then the world changes
>for them as well.
>
>It will never happen of course.  Greed will see to that.
>
>-- 
>***          E-Mail is NOT a SECURE channel          ***
>James B. Byrne                mailto:[log in to unmask]
>Harte & Lyne Limited          http://www.harte-lyne.ca
>9 Brockley Drive              vox: +1 905 561 1241
>Hamilton, Ontario             fax: +1 905 561 0757
>Canada  L8E 3C3
>
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joseph dolliver
e3k solutions , inc
41630 marie court
leonardtown, md 20650
301-475-6985 
443-838-7613 cell

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