JHolm915 t1_j204ql6 wrote on December 28, 2022 at 6:17 PM

Reply to comment by [deleted] in BEST OF 2022: Did Ned Lamont offer the largest tax cut in Connecticut history? By one standard, yes. by IndicationOver

If you weren't aware either since you mentioned tolls. EZ-Pass is a PRIVATE and For-Profit business that uses government contracts to collect tolls then negotiates largely inflated administrative costs to profit hundreds of millions of dollars a year while paying the states a small fraction back. Tolls are just a money grab by investors using government mandated laws to profit with no competition and lobbyists to ensure they stay in place.

[deleted] t1_j2060or wrote on December 28, 2022 at 6:26 PM

Eh, I don't think the admin costs are as inflated as you think they are.

Thinking of the technical components and the logistics of the entire system - there are significant costs involved. This is me just looking over what they have in place from a technology perspective + considering everything that would need to go into implementing the solution they have in place.

( ^ designing things like this + planning the resources is part of my job. I've got a hunch that their profit is <=5%.)

JHolm915 t1_j20ah05 wrote on December 28, 2022 at 6:55 PM

You missed the point though, a good portion goes back into EZPass and not to the states and a portion goes to profit so the benefit of them is negligible and on top of that most states that have put them in have also put in income tax deductions for tolls because of how much of a burden they have become. Basically just bureaucratic waste because a lot of the states still have shit roads and rely heavily on federal grants for what little work they do.