Wednesday, November 20, 2013

Raising fares is the worst way to fund #publictransit - Todd Litman

Eric Jaffe - The Atlantic Cities: "The lowest-scoring option was raising fares. The revenue potential of a fare hike is fairly strong, with a 10 percent jump creating 5 to 8 percent more revenue in the short term. But fare hikes are regressive, hurting low-income riders more than wealthy ones, and may discourage use. And, as every city official knows, the public hates them."

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