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Tuesday, August 2, 2011

Cars sheltered and protected -- people dumped and abandoned



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Removing fares saves millions

  • Increased return on investment. Public transit involves large fixed costs. When fares are gone, there are more riders per vehicle, getting more value from the investment.

  • Reduced parking costs. With free transit, fewer people will park downtown. City parking authorities can cost $180 million a year, paid by fines, which are just a tax on customers and delivery services.

  • Reduced traffic congestion. Studies have shown that the time lost in traffic costs urban economies hundreds of millions of dollars.

  • Less money exported for gasoline. A medium sized city can export 1 million dollars a day in gasoline money for cars. Free buses will reduce this considerably.

  • Better quality of life, priceless. In Hasselt, Belgium, when fares were removed, people in hospital started receiving more visitors.

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