Corporate Freedom Amendment

[Demeter]

We, the people of the United States, do hereby declare that corporations, partnerships, sole proprietorships, and all other legal frameworks for business organization (hereinafter referred to as “Business” or “Businesses”) are not to be treated for legal purposes as persons. By way of example, people have a right to freedom of speech, Businesses do not. It is further the intent of this amendment to establish a minimum set of standards by which Businesses may operate. Those standards include:

1. No person directly, or indirectly, employed by a Business may be required to work more than forty (40) hours per week.

2. Any person working more than forty (40) hours per week and paid a wage less than the top 10% of all wage earners within the Business (as determined annually from the value of all benefits paid, given, or allowed) will be paid at time-and-a-half for any time over forty (40) hours.

3. Businesses may not deduct for tax purposes any portion of the expenses or the support costs of any person earning over 40 times the pay of the lowest paid worker in their employ. For purposes of this section, any workers contributing directly and substantially to the value for the corporation, even employees of subcontractors and vendors, are considered to be in the employ of the Business.

4. No Business may directly, or indirectly, lobby the legislative, judicial, or executive branches of Federal, state, or local governments. If a court of law finds that a Business has substantially violated the spirit or the letter of this section, it may dissolve the business by immediately forcing the sale of all assets. Where a court applies this remedy, executive contracts will be deemed null and void.

5. Disputes between a worker(s) and a Business will be handled through independent, binding arbitration with the burden of proof in all disputes on the Business, except when the employee is a member of and is represented by a labor organization.

6. Businesses incorporated or headquartered outside of the states and territories of the United States of America owe (at a minimum) an income tax on a percentage of global corporate income. The percentage will be calculated as the percent of revenue generated in the states and territories of the United States divided by global revenues. The rate paid will be no less than the average percent of federal taxes paid by the bottom 75% of domestic individual taxpayers on the adjusted gross incomes as shown on their income tax reports. The purpose of this section is to minimize the opportunities to use accounting to show profits in low tax jurisdictions and losses in higher tax locations.

7. Businesses receiving benefits from public assets, particularly access to publicly-owned natural resources, will recognize as income for tax purposes any difference between fees paid to the Federal government and the market value of that access in the year that the access is granted.

8. Pension-fund management within a company will be determined by one-person-one-vote elections. Any person either currently receiving a pension or to whom future benefits are currently accruing will be eligible to vote. Nominations for pension-fund management positions will be accepted by current fund management in a meeting open to all pension beneficiaries. Nominations will be accepted from any person qualified to vote.

9. Neither funds placed in pensions to cover future benefits nor profits from investment of those funds will be returned to or reinvested in the Business unless approved by more than 75% of a combination of those persons benefiting from a pension and those persons currently earning pension benefits.

10. Regardless of the legal structure of the Business, officers of the Business may be found personally financially liable for civil and criminal fines and penalties where substantial Business wrongdoing is determined by a court of law.

Violation of the spirit or letter of this act will result in fines equal to the monetary losses of employees, customers, suppliers, or the public as a result of the violation and a tenfold penalty. Fines and penalties are to be distributed proportionately to those persons suffering financial loss after deduction of court costs. The court may in its discretion also impose prison time for persons within the business directly involved in the violation or any persons in positions above those directly causing the violation where negligence of oversight is apparent.





Now is the time to work with your neighbors to impeach the puppet masters, the corporations that have been rigging the system for their own benefit for decades. Get the Corporate Freedom Act on the ballot in your state, your community, or even your neighborhood watch group. It is time to recognize who it is that we should really be terrified by and to act to protect our selves, our communities, and our nation.


http://www.opednews.com/articles/Impeach-the-Puppet-Masters-by-PecosinRat-080720-305.html

[flashl]

1. 'The' bubbles in the bubble economy. nt

[formercia]

2. Laws are for Little People

That's why law firms use LLP after their name.

[Hugin]

3. Good start!

:)

[paparush]

4. More time off!! More time off! This 2 wks/year standard is nuts.