@jeffowski

Agreed.

IMO, financial penalties for breaking laws should be tied to the perpetrator's annual income

Say, for example, 5%. Or 10%, depending on the severity of the financial crime

If you earn $10 000/annually,
your fine would be
$500. Or $1000.

If you earn $10 000 000/annually,
your fine would be
$500 000 or $1 000 000

Because it's totally ludicrous and without impact for someone earning $10M to pay a measly $500.

A mere pittance.