Friday, July 04, 2008

Random question

Would it be that the dedication of all petrol tax to the National Land Transport Fund is hiding a reduction in revenue from petrol tax, due to people responding to the high price of fuel?

If that is the case, is there a looming crisis in land transport funding as a result because the less people drive the less money there is?

For RUC it isn't quite the same, but again the less people drive the less RUC there is - although for trucks it should moderate maintenance costs.

It would be interesting to find out.

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