Sausalito Bicycle "Tax"
I have no idea how this would be implemented, but by now it's old news that Sausalito has considered charging $1 for rental bikes to offset the "costs" of the "swarm of locusts" riding through the city each weekend day. The plague of locusts leaves the city. What costs, you ask? Good question. First, there's the lost revenue from car parking. Bike racks are taking up valuable, revenue-generating space formerly occupied by a few car parking spots. "A typical parking space might generate about $3,500 a year in fees and fines." So the bike parking is depriving the city of that much revenue each year, right? Well, maybe according to the pea-brained logic prevalent among the ruling class of Sausalito. But I recommend they review their first-year economics texts on the difference between marginal and average cost.... parking revenue is lost only if a potential parker can't find any parking and leaves, or finds finding parking so frustrating he ...