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.
back
1 comments
It'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.
This 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.