Of course. But I don't think we can sensibly, or ethically, charge him an amount that would. How much would deter him to the same degree? $1m probably wouldn't cut it either.
Instead, surely we should either accept that and charge everyone the same absolute amount or find other more equitable ways of deterring him. License points, driving bans, community service, prison time, anything that isn't just taking obscene amounts of money simply because the guy has worked smart and earns more.