Foreign Ownership of Toll Roads

Wednesday, May 28, 2008 7:32 AM

By: Paul M. Weyrich

The Reason Foundation estimates that states of the Union are facing a $9 billion a year shortfall to deal with infrastructure, mainly roads.

Governors aren’t sure what to do about the problem. The public is intolerant when it comes to raising taxes. From the public’s point of view, tolls are taxes, so raising tolls is also politically radioactive. As a consequence, more and more governors are turning to so-called private/public investments.

The latest to turn to this “solutionâ€