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Which is why punitive fines ought to scale with income and/or wealth. Finland is famous for this; millionaires have incurred speeding fines in the six figures:
by MontyCarloHall 4y ago
Which is why punitive fines ought to scale with income and/or wealth. Finland is famous for this; millionaires have incurred speeding fines in the six figures: https://www.theatlantic.com/business/archive/2015/03/finland-home-of-the-103000-speeding-ticket/387484/ https://www.theatlantic.com/business/archive/2015/03/finland...
- ByteJockey 4y ago> Which is why punitive fines ought to scale with income and/or wealth That really seems like it depends on what the damage a particular action causes. Property destruction, for example, probably shouldn't scale. If I, accidentally, destroy your shoes, I need to buy you a new pair of shoes (and maybe a bit extra for your inconvenience). The goal is to make the victim whole again. For things with the potential for loss of life, the goal is primarily deterrence, I think that's where things make more sense to start scaling.