Another £39.8 million subsidy for the Isle of Man

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The Isle of Man Pensioners Association have an interesting calculation on their web site.

As they show, it costs £527 a head for defence in the UK in 2007/08.

This is a cost to which the Isle of Man is meant to contribute. But it actually only pays £30.27 per head.

If it paid at the same rate as the UK (and there is no reason why not that I can think of) then the contribution should be £42.2 million. It actually pays £2.4 million. That's a subsidy of £39.8 million to add to that mentioned yesterday on VAT of £221 million.

Which comes to near enough £260 million in all.

Why are we wasting money in this way?