11 Jan '12 00:07>
A thought that occured to me as people were debating what a fair tax system would look like on the other thread.
In Finland, a speeding fine is charged not as a fixed rate penalty, but in proportion to one's income, which is available since tax records are public in the country.
Is this a fair and reasonable system of punishment?
http://www.globalmotors.net/finnish-millionaire-gets-111888-euro-speeding-ticket/
"A Finnish millionaire Jari Bär, the former owner of the Iisalmi’s company Finnritilä was handed a fine of 111,888 euros (141,661 dollars) for doing 82 km/h (51 mph) in a 60 km/h (37 mph) zone on January in Siilijärvi, Finland.
Why such a huge speeding ticket? In Finland fines are issued according to ones salary per day. As Mr. Bär was 2 km over the standard fine range he had to pay his 12 days income. If his income in 2007 had been 50 euros a day, then the ticket would have been 600 euros.
It turns out that in 2007 he sold a majority stake in his company and in average made an impressive 9300 euros a day, which translates to a 111,888 euros speeding ticket."
In Finland, a speeding fine is charged not as a fixed rate penalty, but in proportion to one's income, which is available since tax records are public in the country.
Is this a fair and reasonable system of punishment?
http://www.globalmotors.net/finnish-millionaire-gets-111888-euro-speeding-ticket/
"A Finnish millionaire Jari Bär, the former owner of the Iisalmi’s company Finnritilä was handed a fine of 111,888 euros (141,661 dollars) for doing 82 km/h (51 mph) in a 60 km/h (37 mph) zone on January in Siilijärvi, Finland.
Why such a huge speeding ticket? In Finland fines are issued according to ones salary per day. As Mr. Bär was 2 km over the standard fine range he had to pay his 12 days income. If his income in 2007 had been 50 euros a day, then the ticket would have been 600 euros.
It turns out that in 2007 he sold a majority stake in his company and in average made an impressive 9300 euros a day, which translates to a 111,888 euros speeding ticket."