Quote:
Originally Posted by DirectionNorth
You're not making any points anymore, only repeating "there'll be more taxes."
If you're talking about property taxes, the economic benefits to preserving existing infrastructure far outweigh the property tax collected. The City of Toronto collects $1.5 million in property tax each year from the railways, that's a fraction of a percent of the city's budget (which was $15 billion last year).
If you don't think passenger rail should be publicly operated, intercity rail *should* make a profit operationally, and the capital expenditures would be reasonable if Anglosphere governments were competent at building transit.
Anyways, I'm done here, unless you can string together three sentences that form logical connections.
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Wow! Since when has Toronto been in the USA? Toronto is also the largest city, metro in Ontario. I wonder how much other smaller cities, towns, or communities get in railroad property taxes in all of Canada?
There are counties, school districts, hospital districts, county supported colleges, and other independent districts fully financed just by property taxes in most of the USA.
Add your C1.5 million of railroad property taxes just for Toronto to the other 3,573 municipalities in all of Canada, and were discussing Cbillions.
And yes, my argument against nationalizating railroads is based upon taxes. Just as important an issue as any other.