Thursday, July 23, 2009

Mid TN Mass Transit = MASS TAXES

Mass Transit = Maximum boondoggle

The mayors did not discuss what type of tax they might propose.

A mayor from a Denver suburb told the group about the successful mayors’ caucus in her area that helped create that region’s light rail system. She also warned the group to make sure whatever tax they use will sustain itself. The Denver area’s $4 billion light rail system is suffering a $2 billion shortfall, due to sales tax revenues dropping during the recession.