 | | |
| phantombudgie wrote: It'll probably cost around about a small-ish Banking Crisis. No more than that! Nevertheless, by 2090 people will be able to leave Birmingham as swiftly as they wish... | |
| | |
I was listening to a discussion in the radio last night. It was aabout a proposal by a right-leaning think tank that we should privatise the motorways and thus essentially turn them all into tool roads. The logic being that this would mean that instead of road-related revenue disappearing into the coffers of the exchequer, then to be handed on to irresponsible executives in the banking industry, road related revenue could be kept by the privatised company, then I assume to be handed on to irresponsible executives in the road building industry...
Anyway, as part of the discussion it was stated that, according to the government's own figures, total income from road-related taxes (VED, petrol duty, VAT on new cars and petrol, etc) was something like 45 BILLION pounds a year. Total road psoending is apparently something less than 8 billion pounds per year.
On other words it can be paid for in one year's taxes taken away from road users that isn't ordinarily plowed back into the transport system.
Jon
