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by avianlyric
598 days ago
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TfL has built most of its fare collection systems in-house, indeed it licenses its fare collect technologies to other cities like New York. Also it’s not within TfLs or London Mayors gift to provide free transit, TfL is almost unique in that its costs are almost entirely covered by farebox collections, and they receive little to zero government subsidy. If London made transit free, they have to find an additional £7 billion a year to cover the operating costs (most of which is mundane stuff like keeping the trains working). Total London council tax (which is the only form of tax the London mayor can control), raises about £37 billion a year. So making transit in the city free would involve increasing council tax by an additional ~20%, and council tax is a notoriously regressive tax that disproportionately impacts the poor more than anyone else. Additionally TfL is already extremely efficient, it was audited by the previous government in an attempt to find further ammunition to discredit the London Mayor, but it seems they couldn’t find any inefficiencies worth publishing. So there isn’t much wiggle room to reduce TfL operating costs. Regardless of how you slice it, there isn’t a practical way to provide free transit in London, and certainly removing the cost of the bureaucracy for means testing isn’t going to move the needle on the simple economic facts. |
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