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Covington KY's Only Worries (Must be Nice)
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Quoting: <br /> <br />"If the cities buses needed painted or had big ugly oil spots or mud all over the side don't you think the people would complain?" <br /> <br />True. But CSX doesn't, as John Kneiling once said, "have the IRS for a collection agent". <br /> <br />There isn't a mass transit system out there that make money. If the local transit authority can persuade 50.0000001% of the local voters to pass a sales or income tax measure, they can force every person living, working, or visiting the area to "invest" in their system. Not that I am complaining - that's the way things are supposed to work in this country. And investment in mass transit is going to become very important in years to come. <br /> <br />CSX has to attract capital solely by earning an acceptable rate of return, which doesn't always allow for the expense of cosmetic work on remote bridges. I would think the money would be better spent on another set of crossing gates somehwhere on the system. <br /> <br />Still - I think both the City and CSX could have handled this a lot better -perhaps by offering CSX a tax credit to partially offset the cost?
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