POSTED: 01:30 a.m. HST, Oct 17, 2012
~~<p>In a creative misinterpretation of rail funding and oversimplification of process, mayoral candidate Ben Cayetano says he would use special tax revenues to build what he brands a new bus rapid transit system and pay for whatever city functions he desires. Such moves would undoubtedly be challenged in court, extending legal battles indefinitely while miring motorists in continued gridlock.</p>
In a creative misinterpretation of rail funding and oversimplification of process, mayoral candidate Ben Cayetano says he would use special tax revenues to build what he brands a new bus rapid transit system and pay for whatever city functions he desires. Such moves would undoubtedly be challenged in court, extending legal battles indefinitely while miring motorists in continued gridlock.
The former governor, a lawyer, argues that the 2005 state legislation that allowed a general excise tax surcharge collected in Honolulu — projected to reap $3.36 billion — could be turned to pay for much of his "Flexible Affordable Smart Transportation" system. Login for more...