“Metro Mayors in our major cities would benefit from significantly more housing powers and a path to more tax devolution,” according to Ian Clarke, Director, Global Infrastructure at KPMG Corporate Finance. He continues: “The focus of devolution should be on relatively stable, rather than cyclical, taxes (or tax powers), and on taxes that are responsive to economic growth. In my area, transport, we need to focus on designing, and getting on with delivering, major schemes that make our cities as productive as possible - ticking as many of the boxes above as possible.”
We read it in: Transport Times, January 22 2018
