I voted for the increase, and I am willing to accept the higher rates. I think that public transportation is an important addition to the Puget Sound area, one we have been lacking for a long time. I've been to places with great mass transit (DC, New York, Japan) and used it extensively and I think it is a much more cost effective means of moving people around. In particular, since I live in Federal Way, I want the light rail to reach down to here and further south to Tacoma. I want to use it to get to the airport and to downtown Seattle.
We also own very expensive cars. We, in general, can afford an extra couple hundred, or even a thousand, dollars a year to help the region. I know I'm in the top 10 percentage of earners, and I feel it is my privilege to use those resources to better my community - not just myself. My choice of a Tesla helps the community in a number of ways: fewer hydrocarbons, less fuel imported, buying American, supporting a startup business with great ideas. It also helps me, of course, since it is an amazing car. But I wouldn't have purchased it if I couldn't afford it and afford some of the consequences of owning such a high end car - like taxes.
Now - I do think that the depreciation scale needs to be more realistic.