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Sure. Then the bill requires that all those fines you pay go towards street calming infrastructure, eventually making it physically impossible (or at least very uncomfortable) for you to continue speeding.

Kind of like if enough parents paid the late pickup fee, eventually the daycare could afford a van for dropoffs.

Don't make me say "roundabout."
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It seems like this rarely happens. The fines become another stream of income, and reliance on that income kills any incentive to fully eliminate the behavior the fines are ostensibly meant to discourage.
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