Actualización de la peticiónStop The Indianapolis Red Line Transit ProjectThis Is Rich... IndyGo To Create A Charity To Pay For The Red Line!!!
CollegeAvenueIndy.org
25 jul 2016
According to a July 22nd article in The IndyStar, IndyGo is required to fund 10 percent of the Red Line through donations to a nonprofit foundation it must register, build and maintain. If the foundation doesn't reach the goal, the cost is passed on to the transit agency and to you guessed it... TAXPAYERS.
Apparently, the business community that widely supported the expanded service objected when legislators proposed a 10 percent corporate income tax to help run it, so this has been replaced with the new nonprofit foundation scheme (in case you're wondering, the donor corporations will get a tax write-off).
According to the article, the amount of money the Red Line charity will need to contribute to operations each year dwarfs that of some long-established local charities for city parks, libraries and schools. And the new Red Line charity will likely be going after the same pool of donors.
So., what's it gonna be Hoosiers? Schools, libraries, parks or a pretty red electric bus to shuttle people who already have cars to Colts games and bars in Broad Ripple.
See the below link to the full IndyStar article below.
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