New Source of Revenue

NYT > Taxi and Limousine Commission

This Taxi Has Been Driven 550,000 Miles. Its Days May Be Numbered.
There are still two Ford Crown Victorias on the road. âI...
The Long Demise of the Stretch Limousine
Once a symbol of affluence, the stretch limo has largely...
A Monument to Harriet Tubman Replaces a Columbus Statue in Newark
A new statue honors the abolitionist hero, but it also...
Uber Drivers Say They Are Struggling: âThis Is Not Sustainableâ
Driversâ hourly earnings have increased since 2018, but...
Judge Blocks Pay Raise for Uber, Lyft Drivers
The judge sympathized with drivers for Uber and other...
Higher Pay for New Yorkâs Uber Drivers Is Temporarily Halted by Judge
Uber argues in a lawsuit that it could be forced to raise...
New York City Approves Taxi Fare Hike, Raising Average Fare 23%
Passengers will also pay more for Uber and Lyft rides.
New NYC Congestion Pricing Tolls May Lower Demand For Yellow Cabs
The tolling program could push up fares and shrink taxi...
Uber Partners With Yellow Taxi Companies in N.Y.C.
The ride-hailing giant is teaming up with two taxi...
Gene Freidman, âTaxi Kingâ Who Upended His Industry, Dies at 50
He bid up the price of medallions and borrowed against...

A cash cow is hidden around our community. Local governments must be very smart in

order to find a good way to generate it. Today, public transportation is by far one of the

fastest growing sources of revenue for our local governments. For example, in Miami,

Florida a professional cab driver spends more than $5,000.00 in tolls and gas taxes per

year. This is more money than 50% of property owners do not pay as property taxes in

Miami Dade County. It is almost double as the median property tax in Miami-Dade County,

Florida is $2,600.00.