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Punishment for financial crimes should be proportionate to the average yearly income.
(self.showerthoughts)
A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. A showerthought should offer a unique perspective on an ordinary part of life.
Make fines for companies breaking the law to make money a percentage of the profit generated from it, with a base percentage of 125%.
but that would disincentivize their activities. wow, very anti-business bro, don't be such a pinko
exactly. not so much of a 'free' market when businesses cant even break the law
Given that that is greater than 100%, what would you say happens if they don't have the resources to pay that extra 25%?
I would assume bankruptcy if you couldnt pay it off.
If someone steals a TV from Walmart they don't get to keep the TV and pay $100 dollars in fines. It would make sense they have to pay 100% of the TV if it isn't confiscated back, and then "damages" on top of it.
That's the idea I got from reading what they said