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Old Posted Nov 9, 2010, 2:12 AM
Sodha Sodha is offline
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Join Date: Feb 2007
Posts: 155
Rail never makes money. That's a fact for every system in the world. Even ones with 12 million plus daily ridership, it's still losing money.

However...........................rail provides for significantly higher property tax revenues for counties and states as there is higher density allowed to be created due to the fixed transit guideway put in place. Cities with large rail systems have some of the highest tax revenue collections in order to subsidize the system. Highways need the gas tax for subsidies (and even that is running low on cash due to more fuel efficient cars hitting the market). Rail takes a portion of existing county sales tax in order to keep running.
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