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>>"Would a billion dollar fine for speeding change some behaviors? Yes. Is it completely out of proportion? Also yes." Maybe not the best example, since Finlan
by zrobotics 2mo ago
>>"Would a billion dollar fine for speeding change some behaviors? Yes. Is it completely out of proportion? Also yes."
Maybe not the best example, since Finland does asses speeding fines based on income. So a 1bn fine would be appropriate if someone was ludicrously wealthy, although I'm not sure there's anyone rich enough on the planet to hit that mark. But for example, this guy [0] got a €54,000 speeding ticket in 2015. Honestly, this seems like a pretty good system. Would someone like Jeff Bezos even notice a speeding ticket in the US? The only real annoyance to him would be getting pulled over, the fine amounts to literal seconds of income. It doesn't seem unreasonable to me that fines and legal penalties should be in proportion to the income of the person or company they are being assessed against. Otherwise, you end up with the problem of legal penalties just becoming part of doing business, and ideally they should be changing behavior.
[0] 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...
- abustamam 2mo agoCan't remember where I saw it but some years back someone wrote something like "if the punishment for a crime is financial then it only deters poor people" which makes sense.
- 59percentmore 2mo agoIn the past, it has been humorously and falsely attributed to a Final Fantasy game.