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Article mentioned metro/streetcars - these were not profitable, so were closed. Of course you can make tax-paid public transportation, but I guess because it ha
by hippich 11y ago
Article mentioned metro/streetcars - these were not profitable, so were closed. Of course you can make tax-paid public transportation, but I guess because it has to be funded locally vs. funded federally as in case of interstate highways, it never happened.
- __z 11y agoMost public transportation is taxpayer subsided.
- m_mueller 11y agoThe article also explained how the road system is subsidized (gas tax only covering 40-75% of freeway costs if I remember correctly). That's not too different from subsidies needed for public transport. If you want to see an example for highly profitable and privately owned public transport systems for cities, just look at Japan.
- tsotha 11y agoThere are just a handful of public transportation systems that aren't subsidized with tax money. The Tokyo subway system is a good example, but even there it's probably only profitable because the subway lines own prime real estate around stations.