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Something between a Sleeper and Overnight Coach
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<p>[quote user="daveklepper"]</p> <p>Relationship? Railroads pay property and real-estate taxes for the rigihts of way they use. Buses and trucks do not. This makes the overland transportation pciture unfair. Thus subsidization of LDs is necessary or greater than it would be with fair competition. Fairness would bring more hope for investment in the kind of passenger accomodations discussed on this thread.</p> <p>The user fees paid by truck, bus, and airline companies are not analogous to real-estate taxes paid by railroads but are analoqous to the expenses of the railroads in building and maintaining the RoW and all its facilities. Truck and bus and airline companies do not pay anything analogous to real-estate taxes on the RofW they use. [/quote]</p> <p>I will withdraw proxy for property taxes. It was just three or four words in my post. As tends to be the case in these forums, some participants jump on one or two minor points and miss the major theme of the presentation. </p> <p>As I will show in another thread, where it is more appropriate, railroads don't really pay property taxes. They recapture all of them and more in their federal income tax return. The taxes are paid by the federal taxpayers. </p> <p>The argument that property taxes should be levied on roadways is a non-starter. There is no political support for it. </p>
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