Link me so I can draw some circles for you.
> to argue it's funded primarily, originally through tax dollars
Do you know how bonds work? It's an isomorphic operation. A state entity is issuing bonds out to creditors. A lot of those major creditors will also be secured creditors.
It's the same thing, just covered under a sleight of hand trick.
So the state borrows money from a select few major creditors but it's "wink wink" not against the full faith and credit of the state, then regulates a consumption tax on the road, and the investors and authority get a slice of the pie.
For what purpose?
And when the toll roads fail either the creditors are paid out either through the state out right buying the road or allowing the debt to be a tax write off over X amount of time.
>This "viewpoint" is otherwise known as "reality".
This American brainworm is exhausting, ngl. Buddy you're getting bamboozled by a few vocab words and a 3 step accounting trick, please don't presume to talk to anyone about reality.