Comments on: The Triplett Metro Plan (III): Tax Shifts and Financial Engineering http://seattletransitblog.com/2009/08/24/the-triplett-metro-plan-iii-tax-shifts-and-financial-engineering/ Transit in the Greater Seattle Area Mon, 13 Feb 2012 12:33:50 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: The Triplett Metro Plan (VI): Conclusions - Seattle Transit Blog http://seattletransitblog.com/2009/08/24/the-triplett-metro-plan-iii-tax-shifts-and-financial-engineering/#comment-97637 The Triplett Metro Plan (VI): Conclusions - Seattle Transit Blog Fri, 15 Jan 2010 17:29:54 +0000 http://seattletransitblog.com/?p=7455#comment-97637 [...] Part III: Tax Shifts and Financial Engineering [...]
[...] Part III: Tax Shifts and Financial Engineering [...]

]]> By: News Roundup: Votes, Polls, and Surveys - Seattle Transit Blog http://seattletransitblog.com/2009/08/24/the-triplett-metro-plan-iii-tax-shifts-and-financial-engineering/#comment-80813 News Roundup: Votes, Polls, and Surveys - Seattle Transit Blog Wed, 11 Nov 2009 19:06:28 +0000 http://seattletransitblog.com/?p=7455#comment-80813 [...] service.  This sets the stage to raise the tax right back again to fund Metro RapidRide, as I explained three months [...]
[...] service.  This sets the stage to raise the tax right back again to fund Metro RapidRide, as I explained three months [...]

]]> By: Three Musings on the McGinn Light Rail Plan - Seattle Transit Blog http://seattletransitblog.com/2009/08/24/the-triplett-metro-plan-iii-tax-shifts-and-financial-engineering/#comment-69177 Three Musings on the McGinn Light Rail Plan - Seattle Transit Blog Sat, 19 Sep 2009 16:21:15 +0000 http://seattletransitblog.com/?p=7455#comment-69177 [...] Hutchison is in the press whining about Metro’s revenue sources.  Meanwhile, the County has no plans to use all the taxing authority it has for Metro, so it’s pretty easy for the legislature to [...]
[...] Hutchison is in the press whining about Metro’s revenue sources.  Meanwhile, the County has no plans to use all the taxing authority it has for Metro, so it’s pretty easy for the legislature to [...]

]]> By: The Triplett Metro Plan (IV): Fare Increases, Audits - Seattle Transit Blog http://seattletransitblog.com/2009/08/24/the-triplett-metro-plan-iii-tax-shifts-and-financial-engineering/#comment-64210 The Triplett Metro Plan (IV): Fare Increases, Audits - Seattle Transit Blog Tue, 25 Aug 2009 15:24:02 +0000 http://seattletransitblog.com/?p=7455#comment-64210 [...] Part III of this series is here. [...]
[...] Part III of this series is here. [...]

]]> By: Bernie http://seattletransitblog.com/2009/08/24/the-triplett-metro-plan-iii-tax-shifts-and-financial-engineering/#comment-64135 Bernie Mon, 24 Aug 2009 22:56:35 +0000 http://seattletransitblog.com/?p=7455#comment-64135 <blockquote>Triplett wants the 4.5 cents to be specifically dedicated to RapidRide, rather than dumped into the amorphous Metro general fund. That will not cover the entire cost of this system, but it will allow taxpayers to “see it, touch it, and see [their property tax dollars] sustaining something”.</blockquote> Funny, RapidRide is a sacred cow because people need to <i>see</i> something, even if it's just a Wiener Mobile, from the sales tax increase they voted for with Transit Now. So the answer is to divert money from a ferry tax that wasn't voted on and I'll wager most people don't even know exists. It's a fascinating shell game, isn't it!

Triplett wants the 4.5 cents to be specifically dedicated to RapidRide, rather than dumped into the amorphous Metro general fund. That will not cover the entire cost of this system, but it will allow taxpayers to “see it, touch it, and see [their property tax dollars] sustaining something”.

Funny, RapidRide is a sacred cow because people need to see something, even if it’s just a Wiener Mobile, from the sales tax increase they voted for with Transit Now. So the answer is to divert money from a ferry tax that wasn’t voted on and I’ll wager most people don’t even know exists. It’s a fascinating shell game, isn’t it!

]]> By: Martin H. Duke http://seattletransitblog.com/2009/08/24/the-triplett-metro-plan-iii-tax-shifts-and-financial-engineering/#comment-64132 Martin H. Duke Mon, 24 Aug 2009 22:39:23 +0000 http://seattletransitblog.com/?p=7455#comment-64132 As discussed in the previous post of this series, if you cut RapidRide you lose tons of federal matching funds. It's more frequent buses, not just speed improvements.
As discussed in the previous post of this series, if you cut RapidRide you lose tons of federal matching funds.

It’s more frequent buses, not just speed improvements.

]]> By: Michael http://seattletransitblog.com/2009/08/24/the-triplett-metro-plan-iii-tax-shifts-and-financial-engineering/#comment-64128 Michael Mon, 24 Aug 2009 22:13:05 +0000 http://seattletransitblog.com/?p=7455#comment-64128 How much would delaying/cutting "Rapid Ride" save? I don't see how this system, which cuts a few minutes off a bus trip at a seemingly high cost, can bring in enough extra revenue to justify itself.
How much would delaying/cutting “Rapid Ride” save? I don’t see how this system, which cuts a few minutes off a bus trip at a seemingly high cost, can bring in enough extra revenue to justify itself.

]]> By: Andrew Smith http://seattletransitblog.com/2009/08/24/the-triplett-metro-plan-iii-tax-shifts-and-financial-engineering/#comment-64121 Andrew Smith Mon, 24 Aug 2009 21:35:17 +0000 http://seattletransitblog.com/?p=7455#comment-64121 That big-brother fingerprint system should be cut just on privacy grounds.
That big-brother fingerprint system should be cut just on privacy grounds.

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