3 ms·
Except Sound Transit has come in under budget and ahead of schedule on other recent light rail projects. Or, at the very least they've come in on schedule. ST3
by Pfhreak 7y ago
Except Sound Transit has come in under budget and ahead of schedule on other recent light rail projects. Or, at the very least they've come in on schedule.
ST3 costs you 0.5% sales tax, 0.8% motor vehicle excise tax, and a property tax of 25 cents per $1,000 in assessed value over 25 years. If you have a million dollar home, you'll pay $6,250 in additional property taxes. With a hundred thousand dollar car you'd still need to be spending hundreds of thousands a year on taxable stuff.
So yeah, you are wealthy and are being asked to put in more than some others. But you'll still see benefits -- light rail stations increase local business, remove vehicles from the road, pollute less, and you'll help leave a legacy for your children and your community.
> This number is so low only because the driving majority subsidizes the public transit riding few. Fortunately, only 10% of people in Seattle commute via public transit...
Have a source for that? Because from what I've read 25% of commuters use a single occupancy vehicle (car or motorcycle), 10% use a rideshare (car/vanpool), 49% uses transit, and 10% use walking or biking. [1] And the number of transit commuters is on the rise overall.
[1] https://www.seattlebusinessmag.com/seattle-using-public-transit-more-ever https://www.seattlebusinessmag.com/seattle-using-public-tran...
- xyzzyz 7y ago> If you have a million dollar home, you'll pay $6,250 in additional property taxes. With a hundred thousand dollar car you'd still need to be spending hundreds of thousands a year on taxable stuff. Sorry, looks like I'm bad at mental math. I'll edit my comment. > Have a source for that? See [1], page 14. It's probably something like 14-15% now. Your link only talks about people who commute to downtown area. [1] - https://kingcounty.gov/~/media/depts/transportation/metro/accountability/reports/2017/metro-2017-strategic-plan-progress-report.pdf https://kingcounty.gov/~/media/depts/transportation/metro/ac...