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472 points Brajeshwar | 1 comments | | HN request time: 0.479s | source
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bgirard ◴[] No.46219128[source]
Not surprising. The real question is how do we measure the opportunity cost of these measures? Is it a net gain? You could, at the extreme, ban all motor vehicles but the opportunity cost would outweigh the benefits.
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1. jetrink ◴[] No.46219772[source]
Since this is generating revenue for NYC, you can't consider whether this tax is good or bad in a vacuum though. The alternatives are a different tax with its own effects, or more debt, or less spending. (In this case, the revenue goes to the MTA.) Any opportunity costs due to less traffic are at least partially offset by opportunity costs you aren't having to pay somewhere else.