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RTA prefers parking to transit

October 14, 2007

Whoops! Update from Sick Transit– RTA can tax only fee offstreet parking, and would have to eliminate its sales tax to do so.  Still might not be a bad move…

Earlier post was:

Yes, the RTA has authority to impose and collect a parking tax, per 70 ILCS 3615/4.03 . As one commenter stated at Sick Transit Chicago, RTA chose “a service meltdown over exercising the authority it does have” to tax parking.

I don’t consider a parking tax the best way to fund transit, as its economic objectives could be more efficiently obtained thru a land tax. But it’s better than a sales tax, and it’s already authorized. If RTA’s main purpose were to support and improve public transportation, this would have been done.

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