UlrichNot necessarily, the fine just needs to be a sufficient size.
muusemuuseFines are not assessed that way.
then_three_moreSome are, but they often have maximum caps.
So for a UK speeding fine he’d get a £1000, but if it’s wasn’t capped it would be somewhere in the region of 340 million.
Your Speeding Offence Details
Speed Limit: 30 mph Recorded Speed: 35 mph Excess Speed: 5 mph Offence Band: A Road Type: Standard Road What This Means For You
Your offence falls into Band A, which carries a fine of 50% of your weekly income. Based on your weekly income of £640,000,000, your calculated fine is £320,000,000. This has been capped at the maximum of £1000 for standard road offences.
Brave Little Hitachi WandWhy would any such fines be capped, unless the entire point is to effectively legalise crime for the ultra rich?
More chagrined than anything else. Having dual citizenship with US and UK is like having one foot in the grave and another foot in the toilet sometimes.
IsoKieroFinland has similar thing, but it is not capped. There’s a ton of 100 000+€ fines given around here. Obviously with Musk it would be a bit different, since the fine is based on actual income, not some imaginary monopoly money on the stock market.
That part is fixable though. Base the fine on valuation of assets.