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Can you provide examples of the states and how this siphons away taxes? Curious to understand the mechanics of it.
by infecto 3y ago
Can you provide examples of the states and how this siphons away taxes? Curious to understand the mechanics of it.
- tomrod 3y agohttps://en.wikipedia.org/wiki/Private_highways_in_the_United_States https://en.wikipedia.org/wiki/Private_highways_in_the_United... Also, from boots on the ground in North Texas, parts of NTTA-proposed systems were won by Cintra Concesiones de Infraestructuras de Transporte in the early 2000s. Parts have been built, but it didn't complete by its 2015 target date. https://journalrecord.com/2004/12/spanish-firm-to-build-6-billion-private-texas-toll-road/ https://journalrecord.com/2004/12/spanish-firm-to-build-6-bi... https://es.wikipedia.org/wiki/Cintra_Infraestructuras https://es.wikipedia.org/wiki/Cintra_Infraestructuras
- infecto 3y agoI drive on Texas toll roads quite often. I don't follow how they take the tax revenue away. While there definitely has been failed projects but I am curious if this method of infrarstructure takes money out of the tax coffers? A private business foots a massive infrarstructure bill with its own risks with and turns over the road after N number of years. Has anyone run the math to see if these projects are net winners/losers for the state?