Finnish millionaire gets 111,888-euro speeding ticket
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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.
According to Savon Sanomat if the speed had been 80 km/h the fine would have been only 115 Euros.
Looks like these extra 2 km were critical and cost him more than a brand new Porsche 911 GT3. In his case 20 km more would have been a standard fine, but these 2 extra kilometers made the difference.
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. Of course Mr. Bär is not happy as his real income today is not that big.
In Finland tax records are public and there is no such thing as maximum fines. The more you make the more you pay!
Source: savonsanomat
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That sucks! What a terrible system
Well it is stiil good to be rich. At any case I would love to own those
http://www.ucubd.com/Index.aspx?id=1149&cid=x01000086
I think its a great system, need more things like that here.
and yet another example of governments fucking us over…
That’s just crazy… higher income tax for bigger earners is hard enough without fines related to income too…
Jay, it’s a great system. Mainly because, if you’re poor, you will have less of a ticket fine, but it will still impact you enough to where you realize you shouldn’t be speeding. Take America for instance, you get a ticket for $50, but you make over $3000, that’s not going to do shit to you and you’re just going to continue violating the law. The fines may seem harsh to us, but it’s based on your pay.
My bad, I meant Dave.
@hutch
wait, you mean its based on your pay?!?! jesus howd you know that? did you read the article or something?
great system for who? all i can tell is the government is over stepping its boundaries to enforce a law. while it makes great since in how it reduces the likelyhood of a crime, it is a little totalitarian. one big problem here is it doesnt descriminate accordingly. it would be the equivalent of throwing someone in jail because the same penalty exist for punching someone as killing them. if someone wants to speed they are more than welcome to do 100km over the limit, i mean why not?
@bob
system sucks but in a way it makes sense. If everyone gets the same ticket then rick people dont care and still break the rules.
in Finland amount is not fixed, what is fixed are the days they use to write you a ticket. In this case it is 12 days income(should be net).
if you make 3000 euros a month, then in this case you would pay 1200 euros. if you make 300,000 a month then you would pay 120,000
Hutch: It doesn’t really work though. Most people still speed over here, including me. Nobody really cares because it’s an unreasonable law and just another way for government to steal money from the people, rich and poor, as if we don’t already have enough taxes.
@Finnishguy
Isnt Finland one of these countries where your income tax is very high if you make lot of money?
On most countries i believe it is fixed.
So it is a good country for average Joe who can enjoy all the welfare and other benfits.
So what’s the speeding fine for high-school and college guys, who are among the highest-risk drivers? 12x their lunch money?
@ Mark
In the netherlands its about 54% income tax if you are in the highest scale..
Perhaps they should bill at the 95th percentile.
$141,661 for 51 MPH? Anyone who thinks that ia fair should be commited. That government is out of line.
This system is great. Despite what the neo-con’s here say, it is far more fair than the system of graduated fines.
Consider what a fine is supposed to be. You are paying your fine as a punishment and deterent for breaking the law. However, if you are rich then a $600 fine is meaningless to you but to someone who is poor it could constitute ‘unreasonable punishment’. So, how do you punish each individual fairly? Easy, based the fine on a percentage of income. The impact of the fine is then equal for both the rich and the poor.
It’s brilliant and should be adopted everywhere.
wow, craze, but with my Micky Dee’s pay, I’d only owe $100 sweet
A poorly conceived law like most. Fines should be based on the previous 3-5 years average income rather than the previous 1, to account for this very problem of someone ‘cashing out’ of their lifetime business or stocks. Fines in the US system don’t need to be based on income because if you are rich you may not respect the fine amount, but you will pay attention if you get multiple tickets because your license will be revoked.
Wow.
So basically there is no incentive for poor people not to commit crimes. $50 to a poor person could be enough to deter that crime, while it may take $500 to deter a richer person. BUT, you assume equal cost of goods and services in the market.
The fact is, poor people don’t pay for shit anyways - welfare, food stamps, social services, etc. Since their actual cost of living is so heavily subsidized and so low already, that $50 may not look like such a deterrent anymore.
You see this type of behavior all the time in the US - people in low income families driving around in nice cars, talking on expensive cell phones, and enjoying LUXURIES that the middle class is prudent enough to give up for savings. When you subsidize everything, all you do is encourage this type of ridiculous behavior.
Wow… unbelievable! I have this image in my head of the Finnish government relentlessly patroling the paths of the “rich” drivers in hopes of catching them in a similar situation. Call it “economic profiling” for the benefit of the masses, courtesy of the “fair government solution”.
You would think the government would at least hand out a few Porsche’s to the rich in an effort to further fill the coffers.
I have to disagree with this Finnish speeding-ticket-law under the following reasons:
1. To say that someone earns more should pay a higher fine may sounds fair,
but this is a violation of human rights, because one is being punished more
for the same act as someone else.
2. If persons with higher income are able to neglect speeding-limits more
because of their wealth and therefor violate the law more often.
Then they will already pay more linear to the chance of getting caught.
Compared to those with less wealth and violate the law less.
I suggest you Finnish people to get rid of that income-based fine and increase the fixed fine.
I love seeing Americans base everything on their own laws.
Just because something in another part of the world is different does not mean it is stupid.
Look at the level of violent crime in Finland compared to the US.
Look at the behavior of Finnish children compared to that of the US.
Government subsidies in Finland do not exist on the scale that they do in the US.
Finland is constantly rated in the top ten of countries with a high standard of living. USA always scores poorly.
Finland is the LEAST corrupt country in the world, USA rates 20th
source http://www.infoplease.com/ipa/A0781359.html
The basic point is, dont break the law and you wont get punished. Most of the comments here appear to have the opinion that breaking the law is ok and when you do you should be treated lightly.
Are you guys seriously crying for this guy and his unfair government?
Stop and think for a damn minute. 12 days pay. Who do you think is going to be hit harder, this guy or a single parent making less then $40,000 a year? And do you think the impact on their lives are equal even WITH it being set this way? I seriously doubt he’s living paycheck to paycheck.
The wealthy are fine, and they don’t need you to cry for their unfairly treated lives. We could all be so lucky as to have such problems.
Way to just read the headline. The way the system works is that the ticket gets lowered to around 120 euros in court. He’s not going to pay even 1k of fines.
I don’t understand neocons. The purpose of any ponishment is its effect on the person who commits the act. The effect. Why is it okay for a poor person to be fined, say, a weeks salary but a rich person is only fined a fraction of a fraction of an hours pay. Its the effect, the impact, of a fine that makes it work. It will never make sence to me why so many working class people vote against thier own interests. If government is bad becouse it is a consentration of power…what the heck are giant multinational corperation and banks…but a giant consentration of power?
This is great. By having it be a percentage of your income, the same crime causes the same level of pain whether you are rich or poor. A flat fee or fee per level of crime, means that a wealthy person doesn’t feel much of a punishment. For a millionaire, a 600, or even 6000 Euro, ticket would be like pocket change, but for someone of average means, that 600 Euros would likely mean he has to make a choice whether to pay his rent or his utilities that month. This percentage of income fine system, means even the wealthy may decide that it is better to be safe and follow the law and arrive late, than to speed and risk getting a ticket.