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[–] 47 points 1 year ago (9 children)

Almost 100 billion revenue last year.

250 million of 100 billion is what… 0.25%?

Yeah. That’s nothing to them.

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  • [–] 39 points 1 year ago (3 children)

    it never is. fines should be a percentage of the value of the company, not just some sum.

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  • [–] 7 points 1 year ago (2 children)

    Value can easily be manipulated, it really should be based on 15% ish of their gross income

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  • [–] 2 points 1 year ago (1 child)

    Or value, or XYZ whatever is largest.

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  • [–] 2 points 1 year ago

    In theory I agree, in practice I despise laws that are needlessly wordy, and including a whichever is larger clause will add on an unnecessary element since gross income can only be abused with tax credit shenanigans which aren't very over the top, and if I had my way wouldn't exist at all(fairy tale I know)

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  • [–] 3 points 1 year ago (3 children)

    You'd need to do the math on net profit. Gross revenue is a pretty meaningless figure on its own.

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