Posted on 09/04/2004 7:31:58 AM PDT by Lessismore
But it's not the same. If the truckers paid the full cost for their use of the roads, more goods would move by rail, which is cheaper for heavy freight. Furthermore, by the socialist subsidy of long haul trucking, we make imported goods cheaper to haul from port to point-of-sale, and locally manufactured goods are disadvantaged.
If there had been a "Big Dig Toll Authority", which had to float bonds to finance it, and had to collect tolls to pay for the bonds, I believe that costs would have been better controlled. Otherwise the bond rating agencies like Standard & Poors and Moody's would have made their financing untenable.
Without the discipline of the capital marketplace, and with the ability to spread the cost overruns across the United States taxpayers coast-to-coast, there was no incentive to limit spending overruns.
I'm not sure whether there is a toll on the Ted Williams tunnel part of the Big Dig. If not, there should be. If there is, the US taxpayer should get a return of his capital.
Do you really think those high fuel taxes *only* pay for roads, in Europe? I'm doubtful, but honestly don't know.
And higher taxes on diesel, than gas, would effectively shift the maintenance burden where it belongs.
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