TEXANS BEWARE! The Texas Central Railway (TCR) originally said eminent domain was not a part of the high speed rail plan. Now TCR is asking the Feds to accelerate their efforts to take the private property rights of Texans. TCR has also said that this project was viable as a “for profit” venture that would not require government subsidies. Now it sounds like the TCR plan for high speed rail could include taking Texas taxpayers for a ride. How much will people pay for a one way train fare? How many travelers will have to use the train at that fare to be viable? Can TCR entice frequent flyers to take the train, instead? How many drivers will pay airfare prices to spend hours driving to train terminals, waiting to board trains, and then on alternative transportation to reach their final destinations? Keep reading for the opportunity to answer these questions for yourself.
Local and county entities anticipate increased costs associated with dividing the service areas along the route. TCR claims their annual property tax payments will offset any cost to these entities and cover the lost tax revenue. If TCR loses money, all Texans will foot the bill. [Scroll down to use the FREE calculator below.]