Last post on Nov 17, 2012 at 7:14 AM
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#70 of 79 Tolls and Congestion Pricing
Jun 01, 2010 (5:22 pm)
My feeling is that if a road is privately funded and built any fees or tolls charged should be market based. However, if public funds or roads are involved, then there shouldn't be congestion pricing because it discriminates against those that may not be able to easily afford to pay the premium costs. Public funding should not advantage or disadvantage any citizen or income class.
I also have a problem with states that are allowed to charge tolls on federally sponsored Interstate highways. I don't feel that roads built primarily from federal income taxes should allow an individual state to assess an additional state fee or toll. Any toll in that situation should go back to the federal treasury that paid for the Interstate to begin with.
Speaking of tollways, why can't there just be one electronic tag that works on all of them?
#71 of 79 Re: free bus rides are back [Mr_Shiftright]
Jun 02, 2010 (4:30 pm)
Well I don't have a breakdown of where the taxes are going, but I'm looking at the 2008 annual report of Exxon Mobil, and they sure pay a lot of tax. On P.38 of that report they list their Summary Statement of Income that is submitted to the IRS.
They have 3 main tax sections listed: 1) sales based taxes, 2) other taxes and duties, and 3) income taxes.
For 2006: $30.4B, $39.2B, and $27.9B = $97.5B
For 2007: $31.7B, $40.9B, and $29.9B = $102.5B
For 2008: $34.5B, $41.7B, and $36.5B = $112.7B
I don't know why your media doesn't agree, except the penchant for most news organizations to want to appeal to be on the little-guys side. The IRS seems to accept the numbers that I posted above.
#73 of 79 Re: free bus rides are back [kernick]
by MrShift@Edmunds HOST
Jun 02, 2010 (8:14 pm)
I got my info from Forbes. Lots of Exxon "taxes" (most of the money) goes overseas, not to the U.S. Maybe that explains the difference. Also what Exxon lists is not necessarily what they have actually paid.
#74 of 79 Re: free bus rides are back [Mr_Shiftright]
Jun 03, 2010 (6:52 am)
I'm sure most of the money does go overseas as Exxon does not produce or sell MOST of its oil, chemicals and othe rproducts here in the U.S.
But you are wrong if you think the actual numbers posted on an Income Statement are wrong. Those numbers are audited nd produced by price waterhouse, and submitted to governments around the world. Those taxes are what's paid after all the maneuvering of Exxon Mobil's accountants to minimize their taxes. As you said they could have paid the taxes not to the U.S. but to Bermuda, because their headquarters is a hotel room there. But they pay quite a bit in tax. Their taxes are about double their profits.
#75 of 79 Re: free bus rides are back [kernick]
by MrShift@Edmunds HOST
Jun 03, 2010 (7:02 am)
Well what can I say? Write to Forbes and ask them I guess.
Nov 08, 2010 (7:16 pm)
Chicago's in, Nashville is out.
"The report says that key to less traffic congestion, as demonstrated in metropolitan areas such as Chicago, Portland and Sacramento, is land-use patterns and transportation systems that let residents take shorter trips and reduce the burden of peak-hour travel. The report estimates that if cities followed Chicago's lead, residents would drive about 40 billion fewer miles a year and use 2 billion fewer gallons of fuel, for a cost savings of $31 billion annually."
Study Suggests a New Way of Looking at the Time We Waste in Traffic (Edmunds Daily)
#77 of 79 how's your commute?
by Stever@Edmunds HOST
Nov 08, 2011 (11:12 am)
"As roadways choke on traffic, researchers suspect that the tailpipe exhaust from cars and trucks—especially tiny carbon particles already implicated in heart disease, cancer and respiratory ailments—may also injure brain cells and synapses key to learning and memory.
Children in areas affected by high levels of emissions, on average, scored more poorly on intelligence tests and were more prone to depression, anxiety and attention problems than children growing up in cleaner air, separate research teams in New York, Boston, Beijing, and Krakow, Poland, found. And older men and women long exposed to higher levels of traffic-related particles and ozone had memory and reasoning problems that effectively added five years to their mental age, other university researchers in Boston reported this year. The emissions may also heighten the risk of Alzheimer's disease and speed the effects of Parkinson's disease."
The Hidden Toll of Traffic Jams (Wall St. Journal - free link today, story may get truncated tomorrow).
Feb 27, 2012 (6:26 am)
It's so crowded on the highways, no one drives anymore?
"His family made its fortune selling cars to the masses, but now Bill Ford Jr. is fretting about selling too many.
The great-grandson of Ford Motor Co. founder Henry Ford has been thinking ahead to a time when there will be too much traffic in the world's major cities. Already there is congestion that only will get worse as the world population grows by another 2 billion people to 9 billion in 40 years."
Bill Ford Jr. says plan now for future traffic jams (detroitnews.com)
Nov 17, 2012 (7:14 am)
"The tolls are the latest manifestation of a campaign by Los Angeles officials to challenge the primacy of the automobile to deal with congestion that has long been a threat to the city’s vitality. Mayor Antonio R. Villaraigosa has advocated a sharp expansion of the region’s subway system and encouraged bicycle use.
“People want relief,” said Mark Ridley-Thomas, a Los Angeles County supervisor. “There’s nothing complicated about it. Considering that L.A. distinguishes itself as the traffic congestion capital of the nation, we felt obligated to innovate, experiment, whatever we can do to make driving on the freeways more bearable.”
Toll Unsettles Los Angeles Motorists Used to ‘Free’ in Freeways (NY Times)