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With progressive taxation, those who can't afford to use London taxis will be paying zero or a negligible contribution towards this. And all those who breathe,
by m-i-l 10y ago
With progressive taxation, those who can't afford to use London taxis will be paying zero or a negligible contribution towards this. And all those who breathe, irrespective of whether they are taxpayers or use taxis or not, will benefit from cleaner air and fewer pollution-related health issues.
- vidarh 10y agoIt's also an investment in additional jobs, which will cut benefits payments and increase tax receipts, so the net cost to the treasury will be substantially lower. Given current interest rates, it's not impossible that that alone would pay for the subsidies.
- dalbasal 10y agoThis is disingenuous accounting, imo. It assumes these are "additional jobs" not substitute jobs. In reality the people employed would have probably been employed elsewhere if not for this plan.