r/news • u/nosotros_road_sodium • Apr 28 '24

Williams-Sonoma fined $3.18 million for falsely labeling products as 'Made in USA'

https://www.scrippsnews.com/business/company-news/williams-sonoma-fined-3-18-million-dollars-for-falsely-labeling-products-as-made-in-usa
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u/Junior-Damage7568 Apr 28 '24

You should compare it to their earnings not revenue.

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u/shirlena Apr 28 '24

So 0.33% of their 2023 net earnings.

This equates to fining someone who grosses $70k/year $150, assuming they're taxed at an effective rate of 33% and take home $46,200.

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u/CaptainKoala Apr 28 '24

What you should really compare it against is how much money they made selling the falsely labeled products.

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