Richard Green is a professor in the Sol Price School of Public Policy and the Marshall School of Business at the University of Southern California.
This blog will feature commentary on the current state of housing, commercial real estate, mortgage finance, and urban development around the world. It may also at times have ruminations about graduate business education.
Saturday, October 09, 2010
If NJ Governor Christie wanted to run New Jersey like a business...
Political rentier-ship at its worst. I can't cite the exact quote but when asked 'What's the difference between a road tax and higher transit tickets', he replied "Who it falls on". While I understand the emphasis on user fees, it's far from an equitable standard when user fees fall on one population, but not on another.
Yes, I agree, and so does anyone else with any sense. The question becomes: what's Governor Christie's mindset?
ReplyDeletePolitical rentier-ship at its worst. I can't cite the exact quote but when asked 'What's the difference between a road tax and higher transit tickets', he replied "Who it falls on". While I understand the emphasis on user fees, it's far from an equitable standard when user fees fall on one population, but not on another.
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