3 ms·
you keep talking in dollars and not hours if the fine is "one week of income" and you don't want to lose a week then you won't speed if a speeding ticket was
by PostOnce 8y ago
you keep talking in dollars and not hours
if the fine is "one week of income" and you don't want to lose a week then you won't speed
if a speeding ticket was 5 cents everyone would speed every day... and this is the status quo for the rich since the fine is to their income what five cents is to most others
so we fine people enough that it affects them in a proportionate way to make the likelihood of changing their behavior equal, rather than only changing the behavior of the poor
- cs02rm0 8y agoDollars is roughly proportional to hours for the guy at the bottom of income levels. I'm not sure it is for people at the top, choosing which assets to liquidate in which year.