71–80 of 253 posts
Amazon made $64,809,782.60 in revenue every hour in Q3 2023. Source: https://www.junglescout.com/blog/how-much-does-amazon-make-i...
This fine was for two Amazon warehouses near LA. Amazon reportedly has over a thousand fulfilment centers in the US [1]. [1] https://www.digitalcommerce360.com/article/amazon-warehouses...
Amazon made $64,809,782.60 in revenue every hour in Q3 2023. Source: https://www.junglescout.com/blog/how-much-does-amazon-make-i...
Earlier quoted context omitted.
The fine doesn't even amount to a slap on the wrist. It's like if someone stole $1000 worth of merchandise from a store and the only punishment is a $1000 fine... and you get to keep what you stole. Why be law abiding when you could break the law and potentially make more money? You'd have to be stupid to be law abiding in a system like that.
It’s actually more like: You stole $1000 and if you are caught, your fine is $10.
You stole $1000 from me and now you have to pay $10 to someone else.
Why taxes are proportional to income but fines aren't?
Because you create a loophole where non-profitable companies commit the offense and get cash back (if fines were connected to revenue, negative revenue would become a reward)
And it would make sense to be revenue-based, as opposed to profit-based.
Why taxes are proportional to income but fines aren't?
Retail has had labor quotas (with serious health/mental consequences) since time immemorial, but i don't see any outrage against Sears, ToysRus, or BedBath. Why ?
Earlier quoted context omitted.
Because you create a loophole where non-profitable companies commit the offense and get cash back (if fines were connected to revenue, negative revenue would become a reward)
Obviously you would have a floor, just like taxes do.
And worst case scenario define revenue in the fine's terms in a way that it disallows accounting tricks.
[flagged]
Infractions are 200 dollars per infraction for every employee, and are religiously perused by private law firms.
For example, if a company with 100 employees let employees take lunch whenever they wanted, they would be sued for 20K per day this occurred since employers are required to require employees take lunch within 5 hours of starting the day, meaning they could easily look at millions of dollars of fines for trying to be nice to employees that a private law firm would sue them over.
And in the end the majority of the settlement will go to the law firm and the actual person who sued will get 1/100th of the remaining amount for all this trouble.