5 ms·
all costs are passes through, but elasticity of demand and supply will lead to consumer/supplier splitting the tax in the ratio of their respectable elasticitie
by slt2021 2y ago
all costs are passes through, but elasticity of demand and supply will lead to consumer/supplier splitting the tax in the ratio of their respectable elasticities.
fundamentally though it is NOT about reducing congestion, it is about stealing money from poor blue collar workers from outer boroughs, and handing them out to finance MTA's bogus overtime and 400k salaries for doing nothing useful.
while also enabling rich urban liberals from manhattan to signal their "ecology conciousness"
- afavour 2y ago> it is about stealing money from poor blue collar workers from outer boroughs It isn’t though, is it? What percentage of poor blue collar workers in the outer boroughs drive into the CBD of Manhattan for work on a regular basis? Very few. The cost of parking already makes it prohibitive for most. If they work as e.g. an electrician they’re already passing the parking fee onto their customer. Congestion charge will be the same. But yeah, sure, there will be a small number of people affected that way. But orders of magnitude more poor blue collar workers would benefit from better public transit. You can’t run a city by vetoing anything that has a negative effect to someone. Nothing will ever get done.
- sqeaky 2y agoBut you can run a city buy carefully picking and choosing who your policies impact and minimizing that impact where appropriate.
- portaouflop 2y agoYea running a city of millions of people is super easy. Just pick the good policies instead of the bad dummy!
- sqeaky 2y agoI mean it is a thing experts can in theory do well, it isn't fundamentally doomed as the person I responded to implies.
- Matticus_Rex 2y agoSo... pick policies like this one that very disproportionately pull money from people who are wealthier to improve the situation for everyone?