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Is the penalty more than they profited from the bad thing? (No according to the back of the envelope calculation I just did) Why are they paying the money to t
by stevefeinstein 10y ago
Is the penalty more than they profited from the bad thing? (No according to the back of the envelope calculation I just did)
Why are they paying the money to the government, rather than refunding those who were harmed by the bad thing.
This just amounts to a tax on the people who bought the pens which will just go to the government funds. The penalty may cause the company to change their behavior, but they still managed to profit from the bad behavior. And those that were overcharged are still damaged by having overpaid.
There really needs to be some common sense applied. The penalty must exceed the profit. Those who are damaged must be made whole, or as close to whole as they can reasonably be made. Anything less is an insult on the public's intelligence.
- icebraining 10y agoWhy are they paying the money to the government, rather than refunding those who were harmed by the bad thing. This just amounts to a tax on the people who bought the pens which will just go to the government funds. They are being accused of overcharging Medicaid and Medicare, ie, the government.