Businessman Reima Kuisla threatened to leave his homeland in Finland after he was fined about $58,000 for driving at 14 miles over the posted 50 miles per hour speed limit. Kuisla’s steep fine was based on his 2013 income of more than $7 million. Finland and some other European nations impose progressive fines based upon income and/or wealth. Perhaps Kuisla felt better about Finland after an appeal which resulted in a reduced fine of about $5,500. 

Question

Would you favor penalties in America based on income and wealth? Explain