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To: allmost
"implicit subsidies" ~ they're the same ones the Department of Defense gets ~ the locals don't collect taxes from US government owned buildings. On the other hand, they do collect taxes on buildings rented by USPS.

Other subsidies USPS does not get that UPS and Fed-Ex get are "industrial development proceeds". A local government, usually a city or a county, ill get approval from the state to sell industrial development bonds for the purpose of attracting a major mail, baggage and express company to build a large regional hub.

This is pretty common stuff.

The group you are referencing regarding fees licenses, etc. says the bottom end for USPS is $39 million in implied subsidies.

ONE BUILDING for a UPS hub will cost several times that!

Then the report mentions network costs to USPS because Congress and the Postal Rate Commission won't let them dump unproductive facilities ~ they estimate that added cost as being in the $100 million range. Having done a number of internal USPS studies over the years about that same item, I'd suggest it is now in exces of $2 billion per annum.

52 posted on 03/06/2009 1:15:50 PM PST by muawiyah
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To: muawiyah

If you say so. I can’t argue with an opinion.


55 posted on 03/06/2009 1:19:53 PM PST by allmost
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