To Fund The Subways, Charge Drivers More
And A Vehicle-Miles-Traveled Tax Should Be Part Of The Equation
The Metropolitan Transportation Authority needs about $32 billion over the next five years to repair, replace and improve its facilities, notably the vast and essential mass transit system. It only has about $13 billion.
The $19 billion hole requires a new way of thinking about how we fund mass transit — and specifically how much drivers of cars and trucks should pay. Advances in technology make it possible to take a new look at the issue.