Ulrich
Not necessarily, the fine just needs to be a sufficient size.
Mar 21 at 2:49amWeb
Show threadmuusemuuseMar 21
Fines are not assessed that way.
Show threadUlrichMar 21
…not assessed what way?
Show threadslevinkelevraMar 21

Disclaimer: I know you’re probably only trolling, but I’ll answer anyway:

…not assessed in a way to be of sufficient size to not just be considered a cost of doing business. In other words, pricey enough to take away the incentive to not only take away the profit but to also deal a significant blow to the wealth of the richest person on earth.

Show threadUlrichMar 21
No one is “trolling”, you jackass. Just assess them in a different way, is the very obvious point that I was getting at.
Show threadUlrichMar 21

Believe it or not, everyone who you disagree with or misunderstand is not “trolling”.

There is no reason they couldn’t assess fines a different way…

Certainly the fines were sufficiently sized in the 90s era when they dropped the hammer on Microsoft.

Show threadmuusemuuseMar 21
Percentage of profit accrued from the offense. They are static values.
Show threadUlrichMar 21
Just because they’re currently assessed that way doesn’t mean they can’t be assessed a different way…
Show threadmuusemuuseMar 21
The class the class that writes laws have decided they don’t want that.
Show threadUlrichMar 21
I don’t understand what your point is. No one is saying it’s going to happen tomorrow. The point is that fines themselves aren’t the problem. The problem is corruption and cronyism. Fines are totally effective when implemented properly.
Show threadthen_three_moreMar 21

Some are, but they often have maximum caps.

So for a UK speeding fine he’d get a £1000, but if it’s wasn’t capped it would be somewhere in the region of 340 million.

Your Speeding Offence Details

Speed Limit: 30 mph Recorded Speed: 35 mph Excess Speed: 5 mph Offence Band: A Road Type: Standard Road What This Means For You

Your offence falls into Band A, which carries a fine of 50% of your weekly income. Based on your weekly income of £640,000,000, your calculated fine is £320,000,000. This has been capped at the maximum of £1000 for standard road offences.

Show threadBrave Little Hitachi WandMar 21
Why would any such fines be capped, unless the entire point is to effectively legalise crime for the ultra rich?
Show threadTanohMar 21
You sound surprised?
Show threadBrave Little Hitachi WandMar 21
More chagrined than anything else. Having dual citizenship with US and UK is like having one foot in the grave and another foot in the toilet sometimes.
Show threadIsoKieroMar 21
Finland has similar thing, but it is not capped. There’s a ton of 100 000+€ fines given around here. Obviously with Musk it would be a bit different, since the fine is based on actual income, not some imaginary monopoly money on the stock market.
Show threadmuusemuuseMar 21
That part is fixable though. Base the fine on valuation of assets.