I don’t agree with the take about net worth. The fine should just be whatever makes the state ambivalent about the externalities of speeding. If Bill Gates wants to pay enormous taxes to speed aggressively then that would work too.
Hm, I hadn’t thought about it that way. I was just thinking that the goal of the fine is some combination of 1) punitive and 2) deterrent, and neither of those goals are accomplished if you fine Bill Gates $200. But yeah, I guess if you make the fine large enough such that the state is ambivalent, maybe it all works out.
I don’t agree with the take about net worth. The fine should just be whatever makes the state ambivalent about the externalities of speeding. If Bill Gates wants to pay enormous taxes to speed aggressively then that would work too.
Hm, I hadn’t thought about it that way. I was just thinking that the goal of the fine is some combination of 1) punitive and 2) deterrent, and neither of those goals are accomplished if you fine Bill Gates $200. But yeah, I guess if you make the fine large enough such that the state is ambivalent, maybe it all works out.