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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