To note, Taxi Medalions server a good purpose, but are also corrupt. There should be NO ABILITY TO TRANSFER a medallion AND requiring proof that it is actively

To note, Taxi Medalions server a good purpose, but are also corrupt. There should be NO ABILITY TO TRANSFER a medallion AND requiring proof that it is actively being used. You shouldn't be able to sell it. Taxi medallions actually keep city streets clear of massive cabs, which is exactly the problem that happened in nyc once uber/lyft moved in.