Quote:
Originally Posted by Truenorth00
Right. 30 years is beyond that TMP. But that point, hopefully all three levels of government are in a better fiscal position and can push the next burst of expansion....
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Or we could adopt tax increment financing and use it for the purpose of building actual urban transit in actual urban areas, instead of draining the tax base of the core and inner cities to build economically dubious vanity transit panders to low-density auto-dependent suburbs.
There is no particular reason why transit projects should be permanently dependent on the twin financial bases of the city's own tax and borrowing capacity, and whatever largesse the "senior" orders of government are willing and able to dole out based on the political and economic circumstances of any particular half-decade political planning window.