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5 per cent of 1.49 billion is $74,000,000. That's a lot of bus service.
That money is supposed to be coming from the payroll tax rate increase. But if the tax money was used for new service that was paid for on an ongoing basis (instead of upfront), they wouldn't have to pay interest and borrowing costs.
3 comments:
Notice how he says that SFO and Seattle drivers are paid less than we are?
5 per cent of 1.49 billion is $74,000,000. That's a lot of bus service.
5 per cent of 1.49 billion is $74,000,000. That's a lot of bus service.
That money is supposed to be coming from the payroll tax rate increase. But if the tax money was used for new service that was paid for on an ongoing basis (instead of upfront), they wouldn't have to pay interest and borrowing costs.
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