T
Theo Bekkers
Guest
TimC wrote:
> If there are 10M cars in Australia, and we spend $10B per year on
> roads, then each car does about $1,000 worth of damage to the roads in
> a typical year. Then multiply that by another 4 or so for health
> related costs from people driving.
>
> Since cars depreciate at about an average of $4,000 per year, then why
> not charge them some form of registration at about $4,000 per year to
> cover costs, instead of pulling it out of general revenue?
Sounds fair, can I expect a reduction of $4000 in income tax to balance
things out?
Money for roads comes mostly from the Fed Gov't in general tax distribution,
plus some grants for specific roads (eg black spots). Licensing revenue goes
directly to the States. Your balancing rebate comes from the Fed Gov't.
Theo
> If there are 10M cars in Australia, and we spend $10B per year on
> roads, then each car does about $1,000 worth of damage to the roads in
> a typical year. Then multiply that by another 4 or so for health
> related costs from people driving.
>
> Since cars depreciate at about an average of $4,000 per year, then why
> not charge them some form of registration at about $4,000 per year to
> cover costs, instead of pulling it out of general revenue?
Sounds fair, can I expect a reduction of $4000 in income tax to balance
things out?
Money for roads comes mostly from the Fed Gov't in general tax distribution,
plus some grants for specific roads (eg black spots). Licensing revenue goes
directly to the States. Your balancing rebate comes from the Fed Gov't.
Theo