London Banter - View Single Post - Hayes & Harlington

Recliner[_2_]

On Thu, 20 Sep 2012 11:18:32 +0000 (UTC), d
wrote:

On Thu, 20 Sep 2012 11:45:46 +0100
"Peter Masson" wrote:
Boltar wrote

Council tax wouldn't come into it. The subsidy is from central government.

So what rate of income tax, or VAT, would you accept to pay for it? Should

No idea but while successive bleeing heart governments are quite happy to
flush billions in foreign aid down 3rd world toilets (and not so 3rd world
in the case of india with its own space program) to assuage their own
middle class guilt, there is no reason they couldn't spend the money on
something more worthwhile.

other public services - gas, electricity, telephones, water and sewerage, be
heavily subsidised out of taxation?

Yes. The clue is in the word "public". And instead of looking it as subsidy
look at it as investment. If there was no tube just how long do you think
the economy of london and ergo most of the UK would last - a month maybe?

Yes, I think the general idea is that the subsidy is focused mainly on
investment, with running costs to be covered mainly from the fare box.