25% of US/Canada trade depends on a single privately owned bridge

Re:25% of US/Canada trade depends on a single privately owne... by infecto on Monday January 15, 2024 @10:22AM (#39001942)

Can you provide examples of the states and how this siphons away taxes? Curious to understand the mechanics of it.

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Re:25% of US/Canada trade depends on a single privately owne... by tomrod on Monday January 15, 2024 @12:35PM (#39003594)

https://en.wikipedia.org/wiki/Private_highways_in_the_United...

Also, from boots on the ground in North Texas, parts of NTTA-proposed systems were won by Cintra Concesiones de Infraestructuras de Transporte in the early 2000s. Parts have been built, but it didn't complete by its 2015 target date. https://journalrecord.com/2004/12/spanish-firm-to-build-6-bi...

https://es.wikipedia.org/wiki/Cintra_Infraestructuras

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Re:25% of US/Canada trade depends on a single privately owne... by infecto on Monday January 15, 2024 @02:01PM (#39004667)

I drive on Texas toll roads quite often. I don't follow how they take the tax revenue away. While there definitely has been failed projects but I am curious if this method of infrarstructure takes money out of the tax coffers? A private business foots a massive infrarstructure bill with its own risks with and turns over the road after N number of years. Has anyone run the math to see if these projects are net winners/losers for the state?

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Re:25% of US/Canada trade depends on a single privately owne... by tomrod on Monday January 15, 2024 @04:24PM (#39006292)

See table A-2, about a 20% margin for NTTA despite COVID impacting how much people were driving.

https://www.ntta.org/whatwedo/fin_invest_info/Documents/2022...

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Re:25% of US/Canada trade depends on a single privately owne... by infecto on Monday January 15, 2024 @06:58PM (#39007701)

Thanks!

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