Its not an overreach to increase fines to a relative point commiserate with current earnings, so that they can actually harm a company and by doing so discourage future illicit behavior.
To try and claim otherwise is some corpo rat bullshit.
These fines come on the heels of willful behavior, that they believe they can make money off of even accounting for the fines… Which turns the fine into nothing more than a tax. With higher fines, that can destroy their profits and damage their company, they won’t be so eager to pencil evil into the expense line.
These fines worked in 1957.
They don’t work today.
Its not an overreach to increase fines to a relative point commiserate with current earnings, so that they can actually harm a company and by doing so discourage future illicit behavior.
To try and claim otherwise is some corpo rat bullshit.
These fines come on the heels of willful behavior, that they believe they can make money off of even accounting for the fines… Which turns the fine into nothing more than a tax. With higher fines, that can destroy their profits and damage their company, they won’t be so eager to pencil evil into the expense line.