- Mar 14, 2005
Following on from my last answer about VED and taxes.What is the chancellor of any government going to do to plug a £40 billion black hole. If you do not use a vehicle at all, will you still be penalised i.e. increases on public transport etc?
All taxes we pay go into the exchequer, and the source of those tax revenues does not dictate what that money is spent on (Except in a few special case, and VED is not one of those)
For years the money collected through VED was not matched by the spending on roads, so in practice drivers have been subsidising all other Government expenditure like for example the NHS, Schools, and Defence and Trains etc.
So it's not as if you have lost out as whilst you are concerned about your tax revenue being used to subsidise activities that you may not actually use your self, many others have been subsidising those services you do use.
Swings and roundabouts.