For the first time in a decade, New York City is considering a fare hike for taxi drivers getting squeezed by record-high inflation. NatDuddridgeTV reports.
-- For the first time in a decade, New York City is considering a fare hike for taxi drivers getting squeezed by record-high inflation."We're not asking to make it rich ... Just asking to have a decent rate," said Wain Chin, who's been driving for more than 20 years.
Taxi drivers rallied for a raise outside City Hall. Inside, the Taxi and Limousine Commission held a hearing discussing increasing drivers' income for the first time since 2012. "Now gas is very expensive. Before it was just like $2.50 or $2.75," said Balkar Singh. Drivers are asking the TLC to adjust meter rates to be able to make $25 per hour after expenses.That would mean about $2 more per trip for customers.
"If they can charge a wage and they can get it to where it comes up a parity, I'd be fully supportive," one person said.Currently, it cost $3.30 plus surcharges just to get in a cab. But they don't get to keep it all. "Eighty cents of that does not go directly to the driver. Then if you're going 96th Street and below there could be a surcharge of $2.50, which goes also to the MTA," said Bhairavi Desai from the New York Taxi Workers Alliance.Chow said the industry can be crushing. His brother, who also drove a yellow cab, died by suicide after his $750,000 medallion debt became too overwhelming.
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