Your math for the $144 million button makes for a good headline, but seems a bit dodgey. Plus, why is this article linked to instead of the New York Times artic

Your math for the $144 million button makes for a good headline, but seems a bit dodgey. Plus, why is this article linked to instead of the New York Times article it references with actual information? WHEN TIP WAS 10%: BASE REVENUE = 82,497 TIP REVENUE = 8,250 TOTAL REVENUE = 90,747 TIP UP TO 22%, ASSUMING SAME BASE REVENUE BASE REVENUE = 82,497 TIP REVENUE = 18,149 TOTAL REVENUE = 100,646 TIP REVENUE INCREASE = 9,899 CREDIT CARD FEE AT 1% = 1,006 2% = 2,012 3% = 3,018 4% = 4,024 5% = 5,030 13,267 CABS LETS ASSUME THAT EVERY FARE WERE PAID WITH CC. ASSUME 5% CC FEE, BECAUSE THE NEW YORK TIMES ARTICLE SAYS "higher tips are tempered by a 5 percent service fee applied to fares that are paid with plastic," TOTAL REVENUE, LESS CREDIT CARDS = 95,616 TOTAL TIP INCREASE = ~131.3 MILLION TOTAL CC FEES = ~66.7 MILLION TOTAL INCREASE FOR CABS, LESS CC FEES = ~64.4 MILLION Now, since the credit card tips are going to have to be fully declared for tax purposes, since they will come back to cab drivers in paychecks and with 5% of the TOTAL FARE taken out, I would actually guess cab drivers are seeing LESS MONEY than they were before the credit card machines were installed. I would bet that the 10% tip average pre-card machine is actually low based on undeclared cash tips, and having tax taken on a full 22% will drop the net significantly. When factoring in credit card fees and taxes, cab drivers are probably making less on this deal. But hey, at least Visa and MasterCard must be psyched. NYT: Told of the statistics that showed higher tips, some drivers scoffed. “I know that’s not true,” said William Lindauer, a driver and coordinating member of the New York Taxi Workers Alliance. “They get no tips, or less tips.”