From: ahk@chinet.com
conklin wrote:
>
>"Adam H. Kerman" wrote in message
>news:llgmjm$i9b$1@news.albasani.net...
>> conklin wrote:
>>>
>>>"Adam H. Kerman" wrote in message
>>>news:llgi4d$971$2@news.albasani.net...
>>>> 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.
>>>
>>>Taxes on passengers are not "subsidies."
>>
>> Yes, George, they are.
>>
>
>You are simply nuts.
It's not that difficult to understand, George. If the airport cannot
survive on its income from rents, it's receiving a subsidy. In case of
ticket taxes and passenger facilities charges, those subsidies come
from passengers.
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