3 ms·
Right, I suspect that $15 will prove to be far too low to dissuade 90% of lower Manhattan drivers. Having said that, it's a reasonable (and politically palatabl
by asoneth 3y ago
Right, I suspect that $15 will prove to be far too low to dissuade 90% of lower Manhattan drivers. Having said that, it's a reasonable (and politically palatable) starting guess, it provides funding to improve transit, makes drivers pay for at least a fraction of the negative externalities they impose on the neighborhoods they drive through, and it can always be increased over time until it has the intended effect.
> I wonder if the city will keep metrics up to see how well it's working.
Certainly they've talked about tracking travel times before and after, but I think the real test will be the long-term changes in land value. My guess is that eventually land value in car-dependent communities in the NYC metro area will decrease relative to those with transit access.
> It will hurt the Uber drivers and delivery drivers
That is a reasonable hypothesis, but I'm sure we'll find out. I would wager that the reduced travel time will allow drivers to make more deliveries which will make up for the daily $15 fee. In the end, the market will decide.
> Why just Manhattan you think?
That's where the supply/demand imbalance seems most acute. Well, there and many of the brides which we should be charging for as well. Any place that becomes gridlocked on a regular basis should probably have a price applied to ensure efficient utilization.
Finally, if we're worried that this fee is regressive, I think a better solution would be to use some of the funds to make the state income tax even more progressive. Subsiding driving for a small number of poor and middle class drivers seems less fair and efficient than letting people keep more of their money at tax time.