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> For a fine to be significant, it has to exceed the profit made from the crime I think their point is that we don't know how much profit Intuit made from the
by karaterobot 5y ago
> For a fine to be significant, it has to exceed the profit made from the crime
I think their point is that we don't know how much profit Intuit made from the crime (at least, I couldn't find it in the article). The assumption is that tricking people into paying to file when they didn't have to is not 100% of their revenue.
- DangitBobby 5y agoThat was understood. The point is that the fine is punitive and should be a large portion of their revenue to make it clear that bad behavior is the opposite of profitable and continued bad behavior may lead to bankruptcy.