Forum Discussion
dodge_guy
Sep 20, 2017Explorer II
valhalla360 wrote:dodge guy wrote:
Most till systems are self supporting. Meaning all the tolls go into the toll system. Get rid of the toll system and you don't need money to pay the toll system. We are already paying for the roads through gas, license and other taxes. So there really is no reason for a toll system except to make money. Ide still like to know where all the interest goes from money put into an ipass account? They deduct $20 from my CC when it gets low. But that $20 sits here for a month or 2 before I touch it. Multiply that by a couple million and what do you get in interest?
Yeah, not even close. Toll collection systems are a small percentage of what is collected. Even so, they typically don't collect enough to fully pay for the road itself.
Unfortunately, gas taxes (primary source for road funding) are often not enough particularly with the cost of urban road projects being crazy expensive...but that leads down a rabbit hole of if the money is being spent wisely so suffice it to say the toll collection system is not where most of the toll money is going.
Exactly my point. It was created as a way to provide income for itself. At least it used to be. Then it grew and people started taking money from it. Now they are just running away with toll increases and there is never enough money for a project! Hmmm! Get rid of them and things will still run as they are without taking anymore $$$$ from he public that aren't necessary.
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