Zuckerburg is paying only $190M to settle an $8B lawsuit by Facebook shareholders for failing in his oversight duties in the Cambridge Analytica crime.
A reminder that even $8B would’ve been only 3% of his net worth, and $190M is only .08% of his net worth.
About $75 for ordinary working people.
Another reminder that “If the penalty for a crime is a fine, then that law only exists for the lower class.”
@QasimRashid this reminds me, that once I had idea, that fines, not taxes, should be the real first source basic income, if the scheme is ever deployed.
If it is call "tax", then it should be used to fund the public infrastructure, whatever it is.
If it is called "fine", then everyone else is the society should be recipient of the fine.
The basic income resulting from the fines would be negligible, but nobody could deny that it would be fair.
Qasim Rashid, Esq.
Chao-c'