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> i don't see why turbotax in this instance shouldn't be punished. I don't see why they should only be punished 141 million dollars - they undoubtedly made a l
by RajT88 3y ago
> i don't see why turbotax in this instance shouldn't be punished.
I don't see why they should only be punished 141 million dollars - they undoubtedly made a lot more money than that out of these shady practices. Therefore, this is just a "cost of doing business" and won't curtail such behavior in the future.
Not until the penalty is severe enough to put the fear into them.
- sokoloff 3y agoI feel like these penalties for corporate misbehavior are exactly as you describe: heads I-win; tails I-win-now-then-pay-it-back-later. If we don't make the fines something like 3x the gains by default, but leave it at 1x disgorgement, we should expect rational players to keep playing the game the same way.