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follow tovarichpeter 2018 Mar 15, 5:45pm
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If the purpose of the fine is for it to be a deterrent, then no.
"My Maserati does one-eighty-five/I lost my licence, now I don't drive"
I'm not sure if a billionaire would be driving his own car unless it's a Lamborghini. I would not mind if very reckless and dangerous driving results in the car getting impounded. That would be fining the billionaires more.
The more important question is whether the billionaire and the nurse should pay the same tax rate on their income.Currently, the billionaire is taxed at a lower rate (20% capital gains) and the nurse at a higher rate (25% to 28% of marginal income).