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Depending on the agency it’s not very small. New York MTA has a farebox recovery of about 40-50% in any given year, and few people or organizations could stoma
by bobthepanda 3y ago
Depending on the agency it’s not very small.
New York MTA has a farebox recovery of about 40-50% in any given year, and few people or organizations could stomach a pay cut of half without serious damage.
- Kye 3y agoIt seems like a city with a ~$2 trillion economy could afford to fund the transit system that enables it without fare boxes.
- bobthepanda 3y agoIt would represent 10% of the budget of the entire state. New York City has the highest taxes in the country already, and a ten percent hike would almost certainly have to hurt regular citizens as well.
- xnx 3y agoWhoa. Does that mean the other half of the money comes from people who don't use the MTA?
- bobthepanda 3y agoIt comes from general taxes. But thats the same with nearly all transportation infrastructure, people without cars are paying general funds taxes for roads, since gas taxes do not cover all road funding. It’s worth noting that the MTA is necessary for car drivers as well. Whenever it gets knocked out due to a hurricane and travelers switch to driving, there is gridlock across the entire region and travel comes to a screeching halt.