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by karaterobot 1507 days ago
> For a fine to be significant, it has to exceed the profit made from the crime

I think their point is that we don't know how much profit Intuit made from the crime (at least, I couldn't find it in the article). The assumption is that tricking people into paying to file when they didn't have to is not 100% of their revenue.

1 comments

That was understood. The point is that the fine is punitive and should be a large portion of their revenue to make it clear that bad behavior is the opposite of profitable and continued bad behavior may lead to bankruptcy.