Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: BradyLS
You're so right. Let's look at the Golden Gate Bridge.

The original toll for an automobile was $1.00 and has since increased to $7.00. All that toll revenue made municipal bond holders very happy with their respective investment decisions. The muni bonds issued for construction were paid off in their entirety in 1971. LINK

Forty-Six years later, the toll to cross the bridge is now..., $6.50 to $7.50, for cars and S.U.V. type vehicles, and much more for other types of vehicles. LINK

It should be noted that the receipts from the Golden Gate Bridge were $129,500,000.00 annually in the 2014-2015 fiscal year. For a bridge paid off in 1971, it's strange that the fees would need to rise by 53.8% since fiscal 2004-2005 ($84,213,000.00), just ten years ago. LINK

Those who think these toll roads/bridges are a great idea need to think long and hard about this.

Answer: These things are never paid off. NEVER!

The charge for the Oklahoma Turnpike going through Tulsa and into Oklahoma City (both ways) has been ongoing for 55 years that I know of.

NEVER!!!!

The citizens of the United States should not have to pay exponentially more for tolls, than it costs for gas to cross our nation, especially since gas taxes are already levied to pay for our roads in the first place.

Tolls amount to double payment for our roads. They are invidious and should NEVER be instituted.

11 posted on 04/16/2017 11:32:51 AM PDT by DoughtyOne (Happy days are here again!)
[ Post Reply | Private Reply | To 10 | View Replies ]


To: DoughtyOne

invidious < not intended word > insidious


13 posted on 04/16/2017 11:35:46 AM PDT by DoughtyOne (Happy days are here again!)
[ Post Reply | Private Reply | To 11 | View Replies ]

To: DoughtyOne
It should be noted that the receipts from the Golden Gate Bridge were $129,500,000.00 annually in the 2014-2015 fiscal year

What the hell do they do with all that revenue??? It's not as though they would need it all for maintenance and running the two viewpoints and the visitors' center, right? RIGHT???

15 posted on 04/16/2017 12:03:12 PM PDT by Tolerance Sucks Rocks (April 2006 Message from Dan: http://www.dansimmons.com/news/message/2006_04.htm)
[ Post Reply | Private Reply | To 11 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson