Government trains are money furnaces. States who build them shouldn't expect other states to subsidize them.https://twitter.com/kimmaicutler/status/1283135940584542208 …
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If this is true then local taxes alone should cover it, right?
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If CA reformed Prop. 13, this would absolutely be true. But the CA structure means that the benefit of public infrastructure investment is mostly captured by private property owners even if they themselves had nothing to do with the effort to improve transit, etc.
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