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Joined 1 year ago
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Cake day: June 20th, 2023

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  • Toll roads aren’t bad, it’s all in the details. The problem is that the government is often “captured” and therefore has no incentive to have a fair contract, so they’ll add clauses like

    • If the company loses money because the government does something, the government will pay them. This often prevents the government from reducing or removing the toll road / other privately owned resource.
    • The government can’t “compete” with the toll road, either with another road or (sometimes) through public transport.
    • The government will often, as a form of pork-barrelling, offer people reimbursements for the toll road usage, thereby funneling tax payer money into the private company.
    • Toll roads are tax deductible.

    Ideally, toll roads encourage people to take the train.