How to pay for Len’s trains
Len Brown campaigned on three major rail projects and has a mandate to get them implemented. That is why we have elections.
However there is no mandate for taxpayers, rather than ratepayers, to be the major source of funds.
The Herald reports here on the likely costs of the three rail projects:
- Central City Tunnel – $1.5b
- Rail to Airport – $1.45b
- Rail to Albany – $1.8b
That is a total of $4.75b and there are around 1 million adults in Auckland. So just send each resident a bill for $4,750.