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Go Back   Railway Forum > News and General Discussion > Railway News from around the World

The Train - Trains are self funding.

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Old 26th April 2012, 16:19
Ringo Ringo is offline
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Join Date: Apr 2012
Location: Liverpool
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The Train - Trains are self funding.

Youtube - The Train - click here

Capturing the economic value that trains create will make them self funding. Quotes from the film:
  • "Passengers are made to pay twice"
  • "governments tax their incomes, ticket prices are raised to cover the cost of the capital investment"
  • "trains pay for themselves"
  • "trains more than cover their costs"
  • "governments can pay for railways without taxing their citizens"
  • "investment in railways yields huge profits"
  • "the problem is the way governments pay for the capital they invest in the tracks and rolling stock"
  • "Payback is like winning the lottery"
  • "The Jublee line raised productivity in the London economy"
  • "[Jublilee Line] every one pound invested gave a payback of 4 pounds"
  • "That is what railways do, make the economy more efficient"
  • "Trains make the economy more efficient"
  • "Who pocketed the fat profit? Not the shareholders, not the taxpayers, wages were not raised"
  • "profits cascaded into the profits of the land owners"
  • "This financial history teaches us that trains pay for themselves"
  • "taxes destroy jobs"


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