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Politics : The Citizens Manifesto

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From: Road Walker	6/18/2005 11:05:59 AM
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OK, I expect to get a lot of crap for this one, and I haven't really thought it through as far as implications and unintended consequences. Just off the top of my head as a "header proposal". I guess I'm becoming fond of "means testing" and tax rates as a way to implement positive middle class policy... let me know what you all think. Employee Compensation The top 50 US employers will be rated on their total compensation to entry level employees, versus the mean, on the following criteria: 1. Hourly compensation 2. Health benefits 3. Vacation time 4. Maternity leave 5. 401K and other investment/retirement plans They will be rated on a scale of -5 (worst) to +5 (best). Corporations with above mean compensation programs will earn a corporate tax credit percent based on their score up to 5%; corporations with the worst compensation programs will be penalized with an additional corporate tax based on their score of up to 5%. The program will be tax revenue neutral. This program will be implemented over a five year period at 20% per year. Implicit in this program is the belief that if the top 50 employers improve their compensation and benefits, then the not top 50 companies will have to follow to compete for employees.

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