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If anything it would make it worse. For those who are making a little over ends meet, a small percentage loss could put them under the threshold, whereas those
by jjk166 5y ago
If anything it would make it worse. For those who are making a little over ends meet, a small percentage loss could put them under the threshold, whereas those with far more than they need can afford to lose a larger portion of their wealth.
More fundamentally, the purpose of such measures is explicitly to discourage the bringing of suits - anything big enough to be a viable deterrent to bad faith actors will inevitably also be big enough to deter good faith actors.