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> Londoners explaining how their lavish subsidies are actually justified. What subsidies? Please be explicit. London contributes £36b more each year to public
by avianlyric 5y ago
> Londoners explaining how their lavish subsidies are actually justified.
What subsidies? Please be explicit. London contributes £36b more each year to public purse than it receives in public spending [1]. I’m not sure how a net £36b fiscal contribution to to the tax pot can be considered a subsidy, unless your saying it’s unfair that London subsidies the rest of the U.K. to the tune of £36b a year.
I would also point out that Londons contribution to rest of the U.K. has grown £10b over the last 4 years. So London is receiving even less for its tax pounds than ever before.
[1] https://www.ons.gov.uk/economy/governmentpublicsectorandtaxes/publicsectorfinance/articles/countryandregionalpublicsectorfinances/financialyearending2020#country-and-regional-public-sector-finances-in-financial-year-ending-2020 https://www.ons.gov.uk/economy/governmentpublicsectorandtaxe...
> I covered most of what you replied to in my answer.
I can’t see how that true. I pointed out that a number of things you said were either untrue or misleading.