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Actually it's a lot easier. You get more rates and land tax from the denser housing you can have. Drivers don't pay for roads. They get subsidised by everyone
by anothernewdude 4y ago
Actually it's a lot easier. You get more rates and land tax from the denser housing you can have.
Drivers don't pay for roads. They get subsidised by everyone else paying property taxes. The money out of the fuel taxes is insufficient to cover the costs that cars cause.
- iso1631 4y agoWhy don't road users pay for the land the roads are on? Beyond construction and maintenence. If 1 square foot of land costs $600 (manhattan), and with say an opportunity cost of 2%, that's $12 a year per square foot. A 13' lane would thus cost $156 per foot, or $800k per lane-mile. Assuming an average 4 lanes per street/avenue (including parking) that would be the best part of $2bn a year for roads in Manhattan alone.