The Tory party simply want to spread misery while they laugh all the way to the bank
The implication that Tory politicians benefit personally from this is ridiculous.
The fines were, of course, introduced by Labour. All the Tories did was agree to requests from head teachers and teachers to tighten up the rules. Previously the wording of the rules meant that head teachers felt that they had little choice but to agree to parents taking up to 2 weeks holiday per year in term time. The new rules make it clear that they do not have to agree to any holidays.
Note that, contrary to the impression many people have, head teachers DO have discretion over holidays. When a head teacher tells you that they cannot agree to your holiday because they have no discretion what they really mean is that they have decided against approving your holiday but want to pretend it is the government's fault rather than admit that they are personally saying no.
So I think other countries just get on with it, and maybe accept that parent trumps teacher
Some countries don't have fines. Some do. Germany and Holland, for example, both have fines.
It is worth noting that, whilst many of those complaining talk about poorer families being unable to afford to go away during the school holidays, the reality is that most of those taking term time holidays are, like this father, able to afford to go at peak times. They simply choose not to. It is also worth noting that the statistics show this policy has been very effective at reducing persistent absenteeism which was the goal.