Tuesday, 24 January 2012

Railway cost per taxpayer

This via Guido...

Ben Gummer is proposing that every tax payer receives a statement of how their taxes are spent.

On Conservative home there is an example of how this might look for a taxpayer on £26,000 pa.

Transport costs are given as below:

The 2010-11 figure for railways is £3 lower than in 2009-10.

UPDATE: This from Ithuriel...

So that's 1.2% of income tax.

Say £4.5 billion subsidy implies total income tax take of £378 billion.

So about right.

But tax take was down in 2009-10.