Answer to Question #220332 in Finance for Nana K

Question #220332
Discuss the economic reasons for subsidising public transport and taxing private transport.
1
Expert's answer
2021-07-29T02:38:01-0400

The reduction of barriers to entry for individuals seeking employment and a path out of poverty is one of the economic justifications for subsidizing public transportation and taxing private transportation. It also saves money for the city and may reduce the amount of traffic accidents.


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