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A percentage of what though? A percentage of unlawfully obtained income or a percentage of personal wealth, whether or not it’s connected to any unlawful activi
by DrJokepu 8y ago
A percentage of what though? A percentage of unlawfully obtained income or a percentage of personal wealth, whether or not it’s connected to any unlawful activities?
- themagician 8y agoTotal assets. If all you lose is the income from illegal activity and a small fine it’s not much of a penalty now is it? The criminal justice system needs to be as vicious against criminals as collection agencies are against poor people. I really have no problem seizing absolutely everything from somone who manipulates markets or defrauds investors. In fact, step it up. Seize everything and stick them with a lifetime of debt that can’t be discharged.
- DrJokepu 8y agoIn that case, regardless of the merits of the idea, it’s constitutionally rather problematic in the United States, as the Eighth Amendment prohibits imposing excessive fines.