Date : 06 November 2003
To : The Editor, Accountancy Age
From : Nagindas Khajuria
Subject : Wasting Public Money
WASTING PUBLIC MONEY: What a waste
Anne Redston at E&Y is right about the complex tax credit system being a waste of public money (23 October, page 3). The 1% NI introduction above a certain level is another nightmare when a simpler system could have been introduced.
A further example of waste of money is pouring billions into motorway widening. The only industry to benefit is the motor industry that is owned by foreign companies.
Money could have been much better spent on railways that are falling apart after privatization. Our 659 MPs should make a better job of preventing waste. Very often they just go along with whatever government proposes.
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