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FWIW, I see you saying this, but there are running examples of fines scaling to income, e.g. personal income and speeding tickets. https://en.wikipedia.org/wik
by alexeldeib 7y ago
FWIW, I see you saying this, but there are running examples of fines scaling to income, e.g. personal income and speeding tickets.
https://en.wikipedia.org/wiki/Day-fine https://en.wikipedia.org/wiki/Day-fine
https://www.theatlantic.com/business/archive/2015/03/finland-home-of-the-103000-speeding-ticket/387484/ https://www.theatlantic.com/business/archive/2015/03/finland...
I'm also not sure that "scaling with the offense" makes sense -- If company A and B can do the same thing, receive equal fines, but company B can continue to exist as if nothing happened, did the fine mean anything? Would your argument in this case be that the fine should be high enough to be damaging enough to both companies, approximately equal to the social value of discouraging that behavior?
Curious especially because you said if the laws changed, you'd be ambivalent. I think there's a structural problem here, I'm not sure any amount of fining particularly will solve the real problem.