From: otterpower@xhotmail.com

On 5/14/2014 10:49 PM, Adam H. Kerman wrote:
> conklin  wrote:
>> "Adam H. Kerman"  wrote:
>>> conklin  wrote:
>>>>  wrote:
>>>>> On Tuesday, May 13, 2014 11:23:45 AM UTC-4, conklin wrote:
>
>>>>>> As far as evidence you simply make it up, like RDU going bankrupt.
>
>>>>> No one ever said RDU was going bankrupt.
>
>>>>> What people did say was that RDU required significant subsidies to
>>>>> function.
>
>>>>> Relevant portions of their financial statements--showing the
>>>>> subsidies--were quoted.  Curiously, you never responded to those specific
>>>>> quotes.
>
>>>> More nonsense.  Ticket tax money is not a "subsidy."  It is a user fee
>>>> paid by users.  And so is the PCF.  And so forth.  And, by the way,
>>>> daily operations pay for the bonds, not the taxpayer.  You don't know
>>>> how to read a financial statement.
>
>>> George, you don't get to re-define an excise tax as a user fee,
>
>> Sorry you don't understand English.  It is a fee paid by users for use in
>> air travel.  It is not a subsidy.
>
> No, that would be airfare. If the airport isn't subsidized, I still want
> to know why the airport gets to collect an excise tax on passengers in
> addition to rent paid to it by airlines. Why isn't rent sufficient to
> operate the airport and retire its construction bonds?
>
Because that is how the agency running the airport chooses to finance
its capital and operating budgets.



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