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Transbay was financed via the TJPA by auctioning off the rights to build very tall buildings near it. It wasn’t financed by sales taxes.

• conanbatt 8y ago
  The fungibility of money pulls yet another trick. Every single tax dollar can be raised to relieve poor sick children of their ailments.
  • icebraining 8y ago
    It's not fungible if people are bidding up that land because they expect it to be worth more thanks to the station you'll be building there. Unless of course you are advocating scamming people by claiming you'll build it while already having privately decided not to do so.
    • conanbatt 8y ago
      Its pure trickery: the value of the land is not of the public officials, but by constructing a failed transit center they get to spend billions, while also spending billions raised on sales taxes. In both situations, the person on the street is stuck with a broken station and paying an extra dollar for coffee everyday.