Note sure this topic belongs to his thread, nevertheless:
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Originally Posted by cornholio
My biggest problem is that you cannot get money out of thin air.
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Time is money, and congestion costs time -> that is the main rational for all the roadwork you see around, gateway, SFPR,... and they cost your taxpayer an arm and a leg!
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By increased costs to drivers you take money out of 90% of the working populations pockets and thus reduce other government revenue sources through other taxes.
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Increasing driving cost as suggested, is mostly "internalizing cost", what the driver is paying for, is not paid by the government, so you don't have to worry too much about lower tax revenue
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BUT more importantly driving is efficient and overall the mobility it brings is good for the economy,
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That is a blanket statement which is untrue...mobility is good for the economy, right, but "driving" is not always the most efficient way to get it.
Let's people pay the true cost of their mobility choice is the best way to sort out what is the most efficient way ... I would suggest that the contractor crossing Port Mann bridge at 5am toward his construction site, is not imposing the "externality" as the bank-cashier crossing at 8am...
but You would like read
http://voony.wordpress.com/2011/08/1...for-vancouver/ ...
and you will see it is the best deal for the taxpayer and economy