In the News
Travel Tax plan to fund better roads in the UK
16th July 2017
Should vehicle excise duty and fuel duty be replaced by a distance-travelled tax on motorists - paid in proportion to the distance people drive each year?
The idea has won the annual Wolfson Economics Prize which this year asked people to come up with a plan to help fund better, safer, more reliable roads in a way that is fair to road users and good for the economy and the environment.
It is a classic question over whether we should have user-based charges (or taxes) for road vehicles and which system is both equitable and efficient?
Gergely Raccuja - a 27 year old graduate from UCL and a transport planner - is the winner of the prize and his proposals are discussed here on the BBC news website. Find out more about "Miles Better: by clicking on the tweet below from the Wolfson Prize.
The youngest-ever winner of the Wolfson Economics Prize is interviewed here
More reaction here
You might also like
Transport Economics Conference 2015
18th September 2015
Paris experiments with driverless buses
31st January 2017
Should the rich be taxed more?
2nd September 2017
Elasticity and Tax Incidence (Chains of Reasoning Revision Video)
Practice Exam Questions
Should the UK rail industry be nationalised?
Study Notes
Pollution Permits and Carbon Trading (Online Lesson)
Online Lessons
How Airlines Quietly Became Banks
15th December 2021