Fines need to scale with the net worth of the person, otherwise they only impact poor people.
That wouldn't be very effective. Trump's net worth is a function of his mood.
And the capabilities of whoever he has cooking the books for that particular transaction.
Well, if it doubles every time, it shouldn't take too long to reach the point where he can't pay...
Fines Doubled
$5k
$10k
$20k
$40k
$80k
$160k
$320k
$640k
$1,208m
$2,560m
$5,120m
$10,240m
$20,480m
$40,960m
$81,920m
$163,840m
$327,680m
$655,360m
$1,310,750b
It would take Trump 19 times violating the gag order before hitting a billion dollars. Even if you add up the fines cumulatively, it would take 18 times before Trump had to pay over a billion dollars. A poor person would be crippled by the first fine.
Edit: Counting is hard.
You still believe the guy is a billionaire?
Would I be shocked that Trump had a billion dollars stashed away in various off shore bank accounts. No.
Would I be shocked that Trump didn't have two pennies to rub and was doing all this grifting to stay afloat. No.
Trump lies so much about his wealth. I would wager that Trump is only a multi-millionaire at best. Again, Trump grift game is pretty good and doesn't seem to pay his debts.
Yeah it would. He'd have to violate it 10 times for the doubling to even pass one hundredth of a billion.
Sounds like you're severely underestimating the vast gulf between 10,000 and however many billions his creditors are allowing him to have.
He's not remotely a billionaire. His whole life is a lie. Everything he's connected with is over valued and he has a ton of debt. He's a flim flam man, not a billionaire.
He's a fraud with a negative net worth but due to said fraud and his organised crime and rogue nations connections, billions are still made available for him
Fines need to scale with the net worth of the person, otherwise they only impact poor people.
That wouldn't be very effective. Trump's net worth is a function of his mood.
And the capabilities of whoever he has cooking the books for that particular transaction.
Well, if it doubles every time, it shouldn't take too long to reach the point where he can't pay...
Fines Doubled
It would take Trump 19 times violating the gag order before hitting a billion dollars. Even if you add up the fines cumulatively, it would take 18 times before Trump had to pay over a billion dollars. A poor person would be crippled by the first fine.
Edit: Counting is hard.
You still believe the guy is a billionaire?
Would I be shocked that Trump had a billion dollars stashed away in various off shore bank accounts. No.
Would I be shocked that Trump didn't have two pennies to rub and was doing all this grifting to stay afloat. No.
Trump lies so much about his wealth. I would wager that Trump is only a multi-millionaire at best. Again, Trump grift game is pretty good and doesn't seem to pay his debts.
Yeah it would. He'd have to violate it 10 times for the doubling to even pass one hundredth of a billion.
Sounds like you're severely underestimating the vast gulf between 10,000 and however many billions his creditors are allowing him to have.
He's not remotely a billionaire. His whole life is a lie. Everything he's connected with is over valued and he has a ton of debt. He's a flim flam man, not a billionaire.
He's a fraud with a negative net worth but due to said fraud and his organised crime and rogue nations connections, billions are still made available for him
I agree completely. Problem is that it's not an oversight, it's by design. They made it like this and keep it like this on purpose.
He's worthless. His asset value is a lie and he has tremendous debt.
He should be in jail.