ilovejesus
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That is exactly where it looks like this slippery slope is heading.Right on track to tax people for breathing
That is exactly where it looks like this slippery slope is heading.Right on track to tax people for breathing
But the Road Runners have pushed back, arguing the MTA enjoys increased revenue from greater transit ridership during marathon week that “more than makes up” for any lost toll revenue from the bridge. The Verrazzano-Narrows Bridge connects the New York City boroughs of Brooklyn and Staten Island, and is named after the first European explorer to sail into the New York Harbor.
The organization also noted that the 2019 marathon generated an estimated $427 million for the city, significantly boosting tourism, tax revenues and the economy, according to an economic impact report it commissioned in 2020.
Completely different issue from congestion pricing. They’re shutting down a bridge and the MTA is losing toll revenue. They should have to pay for that.
Wait so they been shutting down the bridge for that bull shyt and not charging before?
So a whole city gets inconvenienced and the city don't recoup by taxing?
WTF?
In Chicago, if they have an event where the parking meters on the street are blocked off or inaccessible and cars can’t park there, the City has to pay the private company that owns all of the cities parking meters the lost revenue from cars not being able to park there. The City charges a fee to whatever organization is responsible for shutting down the parking spots if it’s for an event, so it just like the MTA is doing the same thing that’s been happening here for over a decade.
Back in 2008 when the recession hit, the mayor didn’t want to raise property taxes or fire teachers to plug the budget hole. So he worked with JP Morgan bank and Katten firm to sell all the parking meters on a 100 Year long lease, to an anonymous investment company that was formed in Abu Dhabi called Chicago Parking Meters LLC, for $1billion. It got approved by pretty much all the alderman and alderwomen, even though they didn’t do any research on it. This is after they sold one of the tollways for a few hundred million to fill another budget hole earlier.Why doesn't the city of Chicago operate the meters? Why do they have to contract it out?
Damn, I was just thinking to myself. This move from NY smells like some Chicago level of fukkery.In Chicago, if they have an event where the parking meters on the street are blocked off or inaccessible and cars can’t park there, the City has to pay the private company that owns all of the cities parking meters the lost revenue from cars not being able to park there. The City charges a fee to whatever organization is responsible for shutting down the parking spots if it’s for an event, so it just like the MTA is doing the same thing that’s been happening here for over a decade.
They were created for causes and awarenessesGood fukk the marathons. Make shyt harder to travel.
Send an email.They were created for causes and awarenesses
Back in 2008 when the recession hit, the mayor didn’t want to raise property taxes or fire teachers to plug the budget hole. So he worked with JP Morgan bank and Katten firm to sell all the parking meters on a 100 Year long lease, to an anonymous investment company that was formed in Abu Dhabi called Chicago Parking Meters LLC, for $1billion. It got approved by pretty much all the alderman and alderwomen, even though they didn’t do any research on it. This is after they sold one of the tollways for a few hundred million to fill another budget hole earlier.
The sale went through, the city budget got balanced for the rest of the mayors term, and the LLC immediately tripled the price of street parking from $2 to $6, made all their money back in 5 years, and the mayor that made the deal went to go work for the firm that put it together.
And the Llc still has like another 85 years left of getting all the parking revenue. People got together with law firms in the City and tried to sue to get out of it but all the judges basically said “The deal isn’t illegal, your officials just made a really dumb deal that screwed the citizens over. Deal with it.“
It’s one of the worst governmental business transactions in history.