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A $60,000 speeding ticket! in Europe
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<blockquote data-quote="rickyb" data-source="post: 1555296" data-attributes="member: 56035"><p><a href="http://hereisthecity.com/en-gb/2015/03/07/a-60000-speeding-ticket/" target="_blank">http://hereisthecity.com/en-gb/2015/03/07/a-60000-speeding-ticket/</a></p><p></p><p>In some European countries they determine the cost of speeding tickets based on income and how fast you are speeding.</p><p></p><p>Like many Nordic countries, Finland bases its speeding tickets only partly on the actual speed violation. Most of the fine is determined by the violator's income. So when businessman Reima Kuisla got stopped for doing <strong>64 miles per hour in a 50 mph zone, authorities looked at his 2013 tax return and saw that he made 6.5 million euros, or more than $7 million.</strong></p><p><strong></strong></p><p><strong></strong></p><p><strong>According to <a href="http://www.bbc.com/news/blogs-news-from-elsewhere-31709454" target="_blank">the BBC</a>, Kuisla was given a fine of 54,000 euros, or just under $60,000.</strong></p><p></p><p>But Kuisla's ticket is cheap compared to others given in the Nordic countries, which now tie fines to income or the value of the violators' car. In 2010, a Ferrari driver in Switzerland with a history of violations and <strong>a net worth of more than $20 million got <a href="http://blogs.wsj.com/wealth/2010/01/12/should-wealthy-drivers-be-fined-more-for-speeding/" target="_blank">a ticket for $290,000</a>.</strong> In Germany, fines for speeding tickets can reach as high as $16 million.</p><p></p><p>I think this is good to <strong>take more money from the rich so the government will have more money to spend on things for everyone, or so the government can cut taxes for poor and middle class.</strong> Be interesting to see what middle class and the poor pay for speeding tickets.</p></blockquote><p></p>
[QUOTE="rickyb, post: 1555296, member: 56035"] [URL]http://hereisthecity.com/en-gb/2015/03/07/a-60000-speeding-ticket/[/URL] In some European countries they determine the cost of speeding tickets based on income and how fast you are speeding. Like many Nordic countries, Finland bases its speeding tickets only partly on the actual speed violation. Most of the fine is determined by the violator's income. So when businessman Reima Kuisla got stopped for doing [B]64 miles per hour in a 50 mph zone, authorities looked at his 2013 tax return and saw that he made 6.5 million euros, or more than $7 million. According to [URL='http://www.bbc.com/news/blogs-news-from-elsewhere-31709454']the BBC[/URL], Kuisla was given a fine of 54,000 euros, or just under $60,000.[/B] But Kuisla's ticket is cheap compared to others given in the Nordic countries, which now tie fines to income or the value of the violators' car. In 2010, a Ferrari driver in Switzerland with a history of violations and [B]a net worth of more than $20 million got [URL='http://blogs.wsj.com/wealth/2010/01/12/should-wealthy-drivers-be-fined-more-for-speeding/']a ticket for $290,000[/URL].[/B] In Germany, fines for speeding tickets can reach as high as $16 million. I think this is good to [B]take more money from the rich so the government will have more money to spend on things for everyone, or so the government can cut taxes for poor and middle class.[/B] Be interesting to see what middle class and the poor pay for speeding tickets. [/QUOTE]
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