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Why British Rail Privatization Failed
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<p>[quote user="John WR"]</p> <p>Joseph Henchman of The Tax Foundation found: </p> <p>Randal O'Toole confuses Federal Taxes with state and local revenue.</p> <p>Randal O'Toole uses motor vehicle registration taxes without subtracting associated expenses.</p> <p>Rahdao O'Toole double counts revenue. </p> <p>Those are facts; not opinions. [/quote]</p> <p>I confess to not knowing either gentleman. I further confess that I don't know how O'Toole's views on U.S. highway funding, irrespective of whether they are on point, fit into a discussion of whether privatization of Brit Rail is a failure. </p>
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