I'm so tired of this "I got mine, so fuck you" attitude many people have. If you're wealthy, you probably got there via inheritance, luck, or on the backs and shoulders of the hard work of others. And yet "I won't do my part to pay for basic infrastructure where I live" is the attitude.
> A regressive tax is a tax applied uniformly, taking a larger percentage of income from low-income earners than from high-income earners.
This is a tangent, but I want to note the irony of listing this as a "pro": when the topic of public transport comes up on HN, a standard observation is that exactly this model failed and left local governments saddled with expensive, debt-laden streetcars and subways. The end result: we spent 50 years tearing up useful pieces of civic infrastructure because the root financing was fundamentally unsound.
Private financing schemes have an uncanny ability to sniff out the government's ability and willingness to catch the falling knife.
Note: I'm linking this not to claim that the conspiracy is real, only because it has useful references.
[1]: https://en.wikipedia.org/wiki/General_Motors_streetcar_consp...
Public libraries and schools would not benefit from this as more affluent areas can support better education. This is already the case in many places in the US. Local property taxes support school funding.