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> We don't subsidize highways; the total taxes collected more than cover the costs. Sorry, but this is a commonly held misconception. From this article: http:/
by Xichekolas 18y ago
> We don't subsidize highways; the total taxes collected more than cover the costs.
Sorry, but this is a commonly held misconception. From this article: http://www.foxnews.com/story/0,2933,274113,00.html http://www.foxnews.com/story/0,2933,274113,00.html
"Close to two-thirds of the trust fund's $40 billion in receipts last year came from the gasoline tax."
So the trust fund, which is made up of gas and diesel taxes, amounts to about $40 billion a year.
As I have pointed out before here:
http://news.ycombinator.com/item?id=260824 http://news.ycombinator.com/item?id=260824
Total federal outlays were about $67 billion that same year, and states and local governments usually throw in billions more.
And besides, I never claimed you can't fund rail via use taxes. But subsidizing roads to the tune of billions a year and expecting rail infrastructure to compete without such subsidies is just silly.
- anamax 18y agoGas taxes aren't the only taxes that come from autombile use.