Links to information are listed to the left, below or in brown links in the text

Until about 1970 mass transit in Minneapolis was privately owned and operated. Like many businesses it paid taxes and created private sector jobs.

In 1970 the Metropolitan Transit Commission (MTC) acquired the Twin City Lines bus system and the cost to taxpayers has gone up every year since.

In 2009 less then 35% of the operating cost was collected from fares, in 2010 only about 31.1% of the operating cost will be collected from fares.

How long would a real business last selling product with a 65% loss?

The following quote is from the Freedom Foundation of Minnesota:

"Northstar passengers who commute roundtrip five days a week receive an average taxpayer subsidy of nearly $400 per week, or $1,600 per month. At that rate, you could lease each commuter a comfortable car, pay for parking and gas, and still save taxpayers plenty of money, particularly with the government now in the car business."

More to come as time permits....

The harder you work the more you pay in taxes, so why bother

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Thursday, September 29, 2011