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RE: [LandCafe] ALLANTOWN

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  • Terence Bendixson
    Dave So you go from subsidising cars to subsidising transit? Terence ... From: LandCafe@yahoogroups.com [mailto:LandCafe@yahoogroups.com] On Behalf Of Wetzel
    Message 1 of 14 , Jul 30, 2006
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      Dave

      So you go from subsidising cars to subsidising transit?


      Terence


      -----Original Message-----
      From: LandCafe@yahoogroups.com [mailto:LandCafe@yahoogroups.com] On Behalf
      Of Wetzel Dave
      Sent: 29 July 2006 18:27
      To: dcs@...; t.bendixson@...; LandCafe@yahoogroups.com
      Subject: [LandCafe] ALLANTOWN

      David,
      If this were to happen the LVT receipts would fall as land values in central
      areas are largely dependant on good access.
      Hence, it would be better to subsidise public transport than to lose this
      revenue.

      In addition, public transport operators currently pay all other taxes (
      property taxes, sales taxes, income taxes, NI etc.) and would pay less of
      these as LVT replaced them.
      In addition land would be cheaper for building new lines etc.
      Best Wishes,
      Dave

      Dave Wetzel
      Vice-Chair TfL
      Tel: 020 7126 4200
      --------------------------


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