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People get fined disproportionately to the actual cost of whatever they were doing, regularly, as a disincentive. Quite often it’s a significant portion of thei
by vertex-four 7y ago
People get fined disproportionately to the actual cost of whatever they were doing, regularly, as a disincentive. Quite often it’s a significant portion of their pay check. We consider this normal. Why should it be different for companies?
- rtpg 7y agoThere’s a thing often used of “fine triple the financial gain”. Fines towards individuals tend to be associated to the crime committed , not to the persons paycheck. Why should it be different for companies?
- zxcmx 7y agoSome believe that some fines should be a proportion of income, even for individuals. Fixed financial penalties are inherently regressive; they disproportionately punish the poor and provide no disincentive to the sufficiently rich. I believe this has been implemented for speeding fines in some countries.