Saturday, August 14, 2010

Fair fines

I love this story... If the idea of a speeding ticket is to cause financial pain in order to prevent people from speeding, then a flat fine is stupid, because rich people will just pay the relatively small fine in order to speed (or park in a handicapped spot, or whatever).

Having tickets indexed to the income or wealth of the perp just makes sense if we want the tickets to be fair for everyone. Governments looking for new sources of revenue should explore making fines progressive.

in reference to: BBC News - Swede faces world-record $1m speeding penalty (view on Google Sidewiki)

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