Toll road

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A high-speed toll booth on SR 417 near Orlando, Florida, United States

A toll road (also called a: tollway, turnpike, toll highway, or express toll route) is a privately or publicly built road for which the user of the road is required to pay a fee, or toll. Tolls are a form of user tax that usually pays for the cost of road construction and maintenance without raising taxes on non-users. Historically, and sometimes today, tolls are collected as a type of tax for the use of the local government or lord. Investor's bonds necessary to pay for the construction and maintenance of the roads are issued and sold with the expectation that the bonds will be paid back over time by user tolls. After the bonds are paid off the road typically reverts to the government agency that authorized the road and owns the land it was built on. Like most government taxes it is not unusual for tolls to continue to be charged after the bonds have been paid off. Access to toll roads are restricted to prevent non-payers from using the road. Toll roads may be built to allow some users to travel faster from one location to another--relieving traffic congestion and speeding up traffic for those who can afford it. These type systems may be one restricted toll lane or more on an otherwise "free" road--all roads have to be paid for somehow and are never "free". Normally, road construction costs are paid for by the taxes on gasoline, diesel, or other fuel. Users of toll roads still pay these taxes and the tolls for using this particular road or lane.

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