From: ahk@chinet.com

conklin  wrote:
>
>"Adam H. Kerman"  wrote in message
>news:llflst$8kd$2@news.albasani.net...
>> Sancho Panza  wrote:
>>>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.
>>
>> If the airport cannot retire its debt nor operate on revenues it receives
>> from rent from airlines, it's being subsidized
>
>
>This idiot does not know the difference between landside and airside.  It is
>hopeless to talk to such people.

An airport authority can still collect rent from landside tenants to use
for operations and to retire debt. That's not subsidy.

Still want to hear from George as to why special taxes on passengers are
required if the airport isn't being subsidized.

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