*P has pointed out, that if measuring the 1 billion to 9 zeros (rather than 12), the sum would actually come up to approxiamately £1000 a year per person.
Monday, October 01, 2007
Propaganda statistics from drivers
Mike Rutherford from Auto Express magazine is being interviewed on News 24 about the recent rise on fuel tax. He has said that motorists contribute £55 billion per year in taxes. There must be a miscalculation in there somewhere, because that equates to every person in the country contributing slightly less the £1 billion £1 million (thanks P)* each, every year, never mind the fact of the fewer number of drivers on the road.
*P has pointed out, that if measuring the 1 billion to 9 zeros (rather than 12), the sum would actually come up to approxiamately £1000 a year per person.
*P has pointed out, that if measuring the 1 billion to 9 zeros (rather than 12), the sum would actually come up to approxiamately £1000 a year per person.
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2 comments:
Hey James,
I was reading your blog about UK motorists tax contributions - you said something about 55 bln and each person in the country paying just less than 1 bln. Not sure how you got that - theres about 60 mln population total in uk so 55 (9 zeros) divided by 6 (6 zeros) is about 1k per person = is that about right?
Later P
AH yes. Thank you for pointing out my mistake - it should have said "slightly less than £1 million each" - which would occur if you consider £1 billion as having 12 zeros.
You are probably correct in saying that 1 billion is measured in this case as 9 zeros.
Thanks.
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