Why are the Government taxing the poor to pay for a rich man's train?
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Uploaded by TaxpayersallianceUK on Jun 20, 2011
Prices are going up and ordinary consumers are struggling to make ends meet. This is partly due to a hike in VAT - VAT hits poor families particularly hard.
While the Government are increasing taxes and cutting spending to deal with the deficit, they are still pushing through big projects like High Speed Rail - which will cost over £1,000 per family.
It'll probably be a white elephant, as the business case is based on dodgy assumptions. Most passengers on the new High Speed Rail line are expected to be making well above average income - the business case relies on a third of passengers earning £70,000.
Why are the Government taxing the poor to pay for a rich man's train?
This video is one of a series looking at pressures on middle to low income families, motorists and commuters and challenging the case for High Speed Rail (HS2), which will benefit a fortunate minority of passengers but cost well over £1,000 for every family in Britain, and follows a programme of research from the TaxPayers' Alliance looking at the problems with the business case for the new high speed rail line and identifying the many towns that will lose out and get worse train services if HS2 goes ahead.
High Speed Rail - Examining the problems with the business case, by Chris Stokes. http://www.taxpayersalliance.com/highspeedrail.pdf
Will HS2 create jobs? Looking at the Government's claims about the effect of the line on employment. http://www.taxpayersalliance.com/hsrjobs.pdf
HS2 Capacity Analysis - Revealing the towns and cities getting a worse service as a result of the project. http://www.taxpayersalliance.com/hs2capacity.pdf
- 74 likes, 4 dislikes
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I think the proposed VAT cut(From Balls) Should be a cut in fuel tax instead
NicosMind 8 months ago
Not often I agree with the TPA, but I think I do on this one.
DLandonCole 8 months ago