4 ms·

If the reason they do these things is for money (which I think is fair to assume) then money is clearly an effective incentive. The fines just have to make it u

• wizzwizz4 5y ago
  Fines are tax-deductible. They're better at gaming the system than policymakers are at fixing it.
  • bpodgursky 5y ago
    1. That's literally not true, you're just making stuff up: https://www.investopedia.com/ask/answers/102915/are-irs-penalties-tax-deductible.asp https://www.investopedia.com/ask/answers/102915/are-irs-pena... 2. Even if it was, do you understand what a deduction is? You still lose money; you'd be changing the base on your federal income payments, but since your income tax is at most 40% or so, you're still paying at minimum 60% of the penalty (even if it was deductible, which it is not).
    • wizzwizz4 5y ago
      1. That's a very specific type of penalty. 2. Business taxes aren't the same as individuals taxes.