Quote:
Originally Posted by rousseau
Every single renter represents a property for which property taxes are paid. You do understand this, do you not?
|
I think everyone is aware that landlords pay property taxes on their holdings, but that was not my point. Using Toronto as an example AGAIN, just because nobody cares about anywhere else:
Transit budget for the year 2010 was $1.3 billion, roadworks budget in 2007 was $230 million. Now according to Statscan (2006) the percentage of commuters who arrived at work using transit was 22.2%, while the number of people driving as a percentage of commuters was 71.1%. This includes people using GO Transit as well as a number of shitty feeder systems in the region. Years need not line up, we're just getting a rough idea.
Assume similar numbers in the City of Toronto. 31% ($440 million) of the TTC's operating budget came from subsidies in 2010. This subsidy alone, only for operations, is almost double what the road budget was. There is no way that 22% of the population, when paying similar property taxes, could fund this. The numbers don't add up: at best, each person pays for their own ride out of their own pocket. At worst, and this is what I suspect to be the case, drivers are subsidizing transit users. Since Toronto has one of the highest transit usage rates on the continent, I suspect the deal is similar elsewhere.
Sources:
http://www.thestar.com/News/article/204281
http://www.cbc.ca/news/canada/toronto/story/2008/03/04/car-toronto.html
Quote:
Originally Posted by ciudad_del_norte
I think within many governments across the country there is a realization that toll roads are inevitable at some point. But it is also a political nightmare... so it will probably be avoided until the most desperate moment. Not many people realize the insane amounts of money that goes into roadway infrastructure, construction and maintanence.
|
Personally I think road tolls are a fantastic idea, as they allocate scarce resources to those who value them the most. Free Highways suffer from congestion partially because nobody is forced to consider how much their time is worth.