I'd rather see fines eliminated, they unfairly punish lower income people -- $150 fine to a corporate lawyer is pocket change
The point of fines is to be a painful deterrent---just not as painful as jail time.
We should do what some European countries have done, which is to scale the fines based on income.
E.g., Finland has a formula to estimate how much the offender has for a a day's worth of spending money, and fines are based on that amount. There are multipliers based on the severity of the offense.
It sounds strange to hear about a $100K speeding ticket for a CEO, but do you expect a multi-millionaire or billionaire to notice anything less?
Bottom line: It is stupid to expect the same fine to deter a billionaire vs a single parent making minimum wage. But we need to deter both people from unsafe driving because they can both kill us.