114Re: [WorldTransport] Re: TRANSPORT: De-regulation
- Jul 3, 2002Why should the passenger - or the general taxpayer - pay to maintain and
upgrade rail fixed assets? It is, after all, the owners of land adjoining
rail stations who benefit most from the presence of a working railway
Passengers should pay for the cost of running trains through their fares.
Property owners should pay for the rest, through taxes based on property
values. This happens in many countries already, in various ways. Most
notable examples: Hong Kong and Brisbane.
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