What are the economic arguments against the third runway?
No new runways would be needed in Britain if aviation fuel was taxed at the same rate as motor vehicle fuel and air tickets were subject to VAT, government figures say. It is because of this anomaly that we believe that the Government’s projected growth figures are flawed. How long can the aviation industry expect special treatment. The absence of taxation on aviation fuel goes back to an agreement in the immediate aftermath of World War 2 whcih was designed to boost the fledgling aviation industry. We think the industry has outgrown the nest and should find its own way in the world now.
