Paying More Taxes for Transit can Save You Money

The good folks in Minneapolis did an analysis on the costs vs. benefits of their proposal to pay for transit improvements with a regional sales tax increase. Paying taxes to fund transit is like paying for any other good or service – we should consider what we get for our investment. According to AAA, the average annual cost of owning a car in 2014 was $8876. Getting rid of a car can save people a lot of money. Congestion also costs each individual driver hundreds of dollars per year in fuel costs.

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