In some countries, the fine is not defined as a definite amount, but as a percentage of yearly income. In Finland, a speeding ticket is half your daily income. That means for Musk, if he was caught speeding there, would have to pay ~38,000,000 EUR as a mild slap on the wrist.
caseyweederman@lemmy.ca 3 days ago
It should ratchet up as well. Second infraction is half your weekly, third is half your monthly, fourth annually.
Not that I think fines work as deterrents, but if they’re going to work, they should work for the rich as well.
Barbarian@sh.itjust.works 3 days ago
Even without the ratcheting, assuming the percentages are well calibrated, it works on everyone equally no matter your financial situations. A wealthy person paying tens or hundreds of thousands of euros for going 5km/h over the speed limit learns the lesson very quickly.
certified_expert@lemmy.world 3 days ago
The key word, my friends, is “income”. Wealth ≠ Income
So in reality, Elon would probably not pay that much. He would most likely pay nothing.