Comment Re: sure, works for France (Score 2) 296
No, I am running my own business, I am creating value out of nothing by building stuff that didn't exist before I decided to build it. It's not a zero sum game, that's how businesses make money by making new products.
However this is not the subject under discussion here, while the economy is not a zero sum game your total value to me as an employee has a minimum and a maximum levels on it, so your total compensation will be within certain boundaries, thus if government dictates a minimum number of paid vacation days, those will be counted as part of your total compensation and your hourly wage is also part of that total compensation, so is the payroll tax (both sides of it, the employee and the employer portion), so is anything else.
The minimum boundary to your total compensation package is the your value in the market and the minimum dictated level of compensation by the government. So what you are going to get into your hands will be the delta: total compensation package minus all the other expenses that are government mandated (taxes, minimum paid vacation, whatever), the cash that you receive is the rest of it.
You are not going to be paid more than you are worth in the market and you are not going to be paid more on top of what you are worth in the market regardless of what the government dictates. Your total pay will include all of those components.
This, by the way, is a huge problem for the economy. To pay somebody 18,000 dollars for example, the employer has to shell out 27,000 (or so), so the labour prices are high while the wages are low.
Well, that's what you get for all this government, that and the falling value of your money and the rising cost of living.