REASON FOUNDATION
Toll roads in America date back to colonial times. Entrepreneurs in the late 1700s and early 1800s requested and received charters from state governments, enabling them to raise money from investors to improve dirt tracks between towns into regularly maintained roads—in exchange for charging users a toll. Transportation historians have estimated that between 2,500 and 3,200 toll companies built and operated such roads in the 19th century, encompassing between 30,000 and 52,000 miles at various times. The first wave of toll roads occurred in the northeastern states in the late 1700s and early 1800s. And the same pattern was repeated in the western states, especially California, after the Civil War, as those states were settled.
View this complete post...
Tags: Reason Foundation, Robert W. Poole, Tolling, Tolls
Posted in
Bridges, Funding, Highway, Infra Views, Policy, Roads
Comments Off on Value-Added Tolling: A Better Deal for America’s Highway Users