Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of PoliticsBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of PoliticsBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
Answer this questionContinue to Shrewd'mThis note won't appear again
Halls of Shrewd'm / US Policy
Unthreaded | Threaded | Whole Thread (6) |
Author: Steve203 🐝 HONORARY
SHREWD
  😊 😞

Number: of 84362 
Subject: Re: Free bus rides an in the seat & ...
Date: 11/19/25 4:46 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 3

The NYC bus system has: 238 local routes; 20 Select Bus service routes; and 75 express routes (total 333).

The MTA is already heavily subsidized by tax payers.

From the net sifter:

The New York City bus system budget, which is part of the larger Metropolitan Transportation Authority (MTA), is subsidized by taxpayers through a combination of dedicated taxes, state and city government contributions, and federal aid
. In 2024, fares and tolls covered 39% of the MTA's operating budget, while the remaining 61% came from taxes, fees, and other government sources, meaning a significant portion, over half, is taxpayer-subsidized.

Taxpayer-funded sources: The MTA receives a large portion of its funding from taxpayer-supported sources, such as dedicated taxes and fees, and direct contributions from New York State and New York City governments.

Fare and toll revenue: In 2024, fares and tolls accounted for 39% of the MTA's operating budget, down from 52% before the pandemic.

Government contributions: State and city governments provide a substantial portion of the MTA's funding, with New York City taxpayers contributing an estimated 45% of the state's contribution to the MTA.

Overall subsidy: As fares and tolls only cover 39% of the operating costs, the remaining 61% is covered by government funding and other subsidies, making the system heavily taxpayer-subsidized.


Unfortunately, the net sifter did not find an estimate of how much of the MTA's budget is spent administering the fare collection and processing.

But, ideology dictates that people pay for everything. The media also has blowhards like Sean Hannity that bellow that public transit is "a big gummit conspiracy to take away our freeedom", which I heard him say with my own ears.

Steve
Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to Steve203 here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
It's going to get worse · 33 recs · 2025
G’day Donny · 30 recs · 2026
Old Related Story · 28 recs · 2026
HCR is a national treasure · 27 recs · 2025
Fascism in America · 27 recs · 2025
Unthreaded | Threaded | Whole Thread (6) |


Announcements
US Policy FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of Politics | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community