npub1j6…6m5ar on Nostr: When Las than half of your revenue comes from direct consumer payments you are a ...
When Las than half of your revenue comes from direct consumer payments you are a charity.
https://www.youtube.com/watch?v=dm2eFybeA0s
Muni gets less than 20% of their revenue from ticket sales. They make more on parking. So if course when they need money they are going to up parking costs which is just another form of transfer payment. Just like the other more than 50% of revenue that are handouts from the state and city. Over 80% of this system is a handout to the riders. How is that sustainable.
https://www.youtube.com/watch?v=dm2eFybeA0s
Muni gets less than 20% of their revenue from ticket sales. They make more on parking. So if course when they need money they are going to up parking costs which is just another form of transfer payment. Just like the other more than 50% of revenue that are handouts from the state and city. Over 80% of this system is a handout to the riders. How is that sustainable.