4 ms·

Sucking up 4% of revenue is catastrophic enough (that is probably double digits of profit). The goal of fines isn't to make be an extinction level event for a c

Sucking up 4% of revenue is catastrophic enough (that is probably double digits of profit). The goal of fines isn't to make be an extinction level event for a company.

BugWatch 5y ago
In this case, plenty of us won't be shedding any tears.
arcticbull 5y ago
> The goal of fines isn't to make be an extinction level event for a company. Why not, out of curiosity? We don't make this distinction for low-income folks who get parking tickets. If you don't make them truly punitive why comply? It just gets factored into the cost of doing business.
- TulliusCicero 5y ago
  You could just do both: start with relatively modest fines, then escalate if they don't comply.
  - arcticbull 5y ago
    Yup, that's more or less what I had in mind.
  - NaturalPhallacy 5y ago
    Exponentially?
    - TulliusCicero 5y ago
      I don't know if that's strictly necessary. Even a linear increase of 1x, 2x, 3x, 4x, 5x, etc. seems like it could be sufficient?
- mbreese 5y ago
  Because you want to encourage compliance — encourage the companies to do the right thing. If you make the fine too high, they’ll be scared and try to hide the offense. But fines and tickets being pegged to income is a good idea. Fixed amounts for fines are really expensive if you don’t make much money. Similarly, they aren’t much of a deterrent if they are a small amount of your income.
  - arcticbull 5y ago
    I guess, the way I see it, you can offer substantial discounts if they self-report. However, if you take them to court over obvious misbehavior, and they lose, I mean ... have at them. In this case I'd want to see something progressive, starting at X% then going up Y% each month of non-compliance.
- strken 5y ago
  A small but not negligible portion of the world does make the distinction between fines for the poor and fines for the rich: https://en.wikipedia.org/wiki/Day-fine https://en.wikipedia.org/wiki/Day-fine
deleted 5y ago
[deleted]

Sucking up 4% of revenue is catastrophic enough (that is probably double digits of profit). The goal of fines isn't to make be an extinction level event for a company.

BugWatch 5y ago

In this case, plenty of us won't be shedding any tears.

arcticbull 5y ago

> The goal of fines isn't to make be an extinction level event for a company. Why not, out of curiosity? We don't make this distinction for low-income folks who get parking tickets. If you don't make them truly punitive why comply? It just gets factored into the cost of doing business.

TulliusCicero 5y ago
You could just do both: start with relatively modest fines, then escalate if they don't comply.
- arcticbull 5y ago
  Yup, that's more or less what I had in mind.
- NaturalPhallacy 5y ago
  Exponentially?
  - TulliusCicero 5y ago
    I don't know if that's strictly necessary. Even a linear increase of 1x, 2x, 3x, 4x, 5x, etc. seems like it could be sufficient?
mbreese 5y ago
Because you want to encourage compliance — encourage the companies to do the right thing. If you make the fine too high, they’ll be scared and try to hide the offense. But fines and tickets being pegged to income is a good idea. Fixed amounts for fines are really expensive if you don’t make much money. Similarly, they aren’t much of a deterrent if they are a small amount of your income.
- arcticbull 5y ago
  I guess, the way I see it, you can offer substantial discounts if they self-report. However, if you take them to court over obvious misbehavior, and they lose, I mean ... have at them. In this case I'd want to see something progressive, starting at X% then going up Y% each month of non-compliance.
strken 5y ago
A small but not negligible portion of the world does make the distinction between fines for the poor and fines for the rich: https://en.wikipedia.org/wiki/Day-fine https://en.wikipedia.org/wiki/Day-fine

deleted 5y ago

[deleted]