I think it's unfortunately down to the incessant anti-tax rhetoric in the US. It's a lot easier to get a private company to finance a toll-road with a concession agreement than it is to pass bond measures or increase taxes.
I think it's unfortunately down to the incessant anti-tax rhetoric in the US. It's a lot easier to get a private company to finance a toll-road with a concession agreement than it is to pass bond measures or increase taxes.
Seriously, though, why are real estate prices higher in areas with better schools? It's not because every person who lives there or might live there has kids, it's because better public infrastructure creates better quality of life for everyone. Good public schools might not impact you directly if you don't have children, but they do attract better neighbors, create more cultural and social opportunities (even for the childless), and generally produce better quality of life for the communities they serve.
I really, really wish all the libertarians would get off HN and move to Somalia or some other place with no functioning government where they could finally be happy. I'm sure it would work out well for them, because good governance clearly has no positive externalities.
That's harsh. Most libertarians aren't anarchists...
Except we do pay them. I live in a fairly well off area in middle Georgia (by non-metro Atlanta standards at least). But we have a couple neighboring counties that, left to their own devices, wouldn't be able to afford much in the way of a fire department (median income drops by $10-20k, populations also lower so they can't make up the taxes in aggregate). Our state taxes get partially redistributed to permit those poorer counties/cities to have an essential service. (Note: I know that the state spends on fire, my brief search did not reveal a county-by-county breakdown)
http://en.wikipedia.org/wiki/Interstate_Highway_System#Finan...
"About 70 percent of the construction and maintenance costs of Interstate Highways in the United States have been paid through user fees, primarily the fuel taxes collected by the federal, state, and local governments."
And about 1/7 of the fuel tax revenue is redirected to public transit, rather than highways.
A moderate increase in the fuel tax[1] could make the IHS completely self-sustaining for both capital and maintenance expenditures. Unfortunately, raising the gas tax is typically a political loser.
Local roads are predominantly paid for through local property and other taxes, but that's easier to justify, since everyone takes advantage of local roads even if they don't drive.
[1] At least until electric cars become commonplace, in which case I'd probably be in favor of a simple mileage tax which could achieve the same effect.