Rob the poor to subsidize the wealthy
Classically LiberalPosted: May 13th, 2008 by Thomas L. Knapp
Author: CLS
“Even with large increases in riders these systems are losing money every day. The paper notes: ‘Typically, mass transit systems rely on fares to cover about a third of their costs, so they depend on sales taxes and other government funding.’ In other words one third of the actual cost of riding mass transit is paid by the commuter and the other two-thirds is paid by people who don’t commute. And even with increases in ridership some services are seeing shortfalls increase.” (05/12/08)
