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this post was submitted on 25 Oct 2023
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Wow. Isn't that like fining the regular Joe 2 bucks? Must be devastating and lifestyle-changing.
The first fine was 5k. This is 10k.
Doubling can get pretty nasty, pretty fast. Let's hope he sticks to it.
He'd have to do it ~~16~~ 12 times for doubling to touch just 1% of his reported net worth.
(I have zero interest debating what his actual net worth is. Don't @ me.)
Edited to correct math.
That should take about a week.
Your math is bad.
16 total payments of 5k, 10k, 20k, ... is $327,675,000.
That is 1% of $32,767,500,000.
Trump's net worth is not reported as close to 33 billion anywhere, and never has been.
13 payments would be 1% of about 4 billion, which could be ballparked as about Trump's reported net worth at various times in history.
My math was indeed bad! That's what I get for doing it fast at work lmao. Thanks for the call out.
10'000 is to a billionaire what 10 is to a millionaire. Or cents to some random person.I hope that gets the point across just how irrelevant that number is.
Maybe this is like write-ups at work. Verbal warning, written warning, final warning, 3 day suspension, 7 day suspension, termination.
So 5k, 10k, 100k, month in jail, 3 months in jail, in custody until trial is over.
"Don't make me get HR to count to ten again!"
"7... 8... 9... 9 and a half... 9 and three quarters... 9 and four fifths..."
I'm bad at math, so you're probably right. Sadly so. Makes it even worse.
Oh sorry. I didn't know. Well, that changes everything. Poor guy, and i was mocking him 😣
Sure, but what is the penalty for not paying (as Trump has a long history of doing)?
I looked it up, and the penalty is imprisonment until the fine is paid. If the fine is never paid, it ticks down with time served (looks like double-digit dollars forgiven per day).
Let's say Trump is worth $1 billion. (He claims he's worth much more, but reports say he's worth much less.) The super rich skew the average net worth, but it looks like the median American is worth $193,000.
At those amounts, $10,000 for Trump is like $1.93 to the "median American."
I can only hope that the fines increase by a lot more or jail time starts getting added to the mix.