A toll road is one of the best ways to ration supply . Why does this country dither over road charging ? At one fell swoop it will solve congestion and probably reduce pollution. Even better , if introduced hand in hand with a reduction in road tax and petrol duties the poorer members of society would benefit through taxing those who could afford the toll road fees. The IFS and RAC said today that the case is "compelling" . Sounds like a fantastic challenge to see if any government has the nerve to introduce it.
Toll roads is a classic economic case study.Why are we waiting ?
15th May 2012