"People thought congestion pricing would be the end of the world, the city will come to a standstill, and shops would go bankrupt. None of that happened."
New York City is on the verge of becoming the first U.S. city to follow London, Stockholm and Singapore in trying to cut traffic by charging some drivers a fee.
Current road taxes are blunt instruments that don’t reflect the true costs of driving to society. The fuel excise does not properly account for traffic congestion or emissions. It makes no allowance for people’s ability to pay. Car registration fees are also not related to the amount of travel, congestion or emissions produced by driving.