
So much has been written already regarding London Mayor Ken Livingstone's new road tax that we never really spent too much time analyzing the plan itself. Fortunately, though, Clean Green Cars did it for us.
EDIT:
The Vehicle Excise Duty is different than the new congestion charge that Ken Livingstone is implementing. Sorry for the confusion, and thanks for the correction. As it stands, the road tax divides vehicles up into twelve "bands", separated by how much CO
2 they emit. All of that seems to make some sense at first, until the numbers are crunched to reveal that the bands are divided up rather oddly. For instance, the eleventh band, labeled "L," carries an increase of £120 over band "K", while the next step up the ladder carries only an increase of £25. Why aren't vehicles progressively punished based on their emissions?
If this data seems difficult to understand, take a look at the press release and accompanying press release pasted after the break. It may serve to clear things up a bit. Any thoughts regarding the makeup of these taxes are welcome in the comments.
UPDATE:
Headline also changed.