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      01-08-2010, 11:42 AM   #1
TL
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Swiss court fines speeding millionaire $290,000

Wow

ST. GALLEN, Switzerland – A Swiss court has slapped a wealthy speeder with a chalet-sized fine — a full $290,000.

Judges at the cantonal court in St. Gallen, in eastern Switzerland, based the record-breaking fine on the speeder's estimated wealth of over $20 million.

A statement on the court's Web site says the driver — a repeat offender — drove up to 35 miles an hour (57 kilometers an hour) faster than the 50-mile-an-hour (80-kilometer-an-hour) limit.

Court clerk Heidi Baumann-Becker said Thursday the unidentified driver can appeal the decision, handed down in November, to the Swiss supreme court.

The Blick daily newspaper in Zurich reported the fine was more than twice the previous Swiss record of about $107,000.

http://news.yahoo.com/s/ap/20100107/..._speeding_fine
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      01-08-2010, 12:14 PM   #2
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pretty hefty fine
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      01-08-2010, 12:18 PM   #3
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the swiss don't take speeding lightly.
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      01-08-2010, 12:35 PM   #4
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Damn, if Bill Gates got caught speeding there his ticket is probably going to cost 5 billion.
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      01-08-2010, 12:53 PM   #5
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That's just ridiculous.
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      01-08-2010, 07:50 PM   #6
jibaholic101
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why? where do they get a right to levy a tax like that?
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      01-08-2010, 07:55 PM   #7
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Quote:
Originally Posted by jibaholic101 View Post
why? where do they get a right to levy a tax like that?
Swiss law states that the fines are directly based on how much money you make. The more I learn about other countries, the more I love this one.
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      01-08-2010, 08:22 PM   #8
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there should without a doubt be a limit on the tax. say 10k or something. even if you have 20 million bucks, 290k is a lot
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      01-08-2010, 08:31 PM   #9
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That's pure insane.

It's better to just go to the track when you feel like speeding, and save the future fines as well.

I could teach myself the same thing though.
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      01-08-2010, 08:42 PM   #10
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That should be pocket change for him lol.
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      01-08-2010, 09:16 PM   #11
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That does seem excessive but meh, everywhere has different laws.
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      01-09-2010, 11:03 AM   #12
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The theory behind this is not bad actually, but the execution in this case is poor. Think about it... people who are the "elite" mega rich, could care less about $1000 fines, where as your average joe would really feel the pinch.

There needs to be some kind of upper limit though. $290k is plain ridiculous. I don't have a net worth anywhere near $20MM, but if I did, I would still cringe at the idea of a $20k ticket.

c
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