this post was submitted on 07 Dec 2024
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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