Perhaps it's not worth mentioning, but it's not the first time I've seen a reporter made this same kind of math "error" because it helped make his case: > taxi

Perhaps it's not worth mentioning, but it's not the first time I've seen a reporter made this same kind of math "error" because it helped make his case: > taxi drivers have asked for a 20 percent hike in fares. How much would the MTBT like to increase lease rates? Why, it thinks 20 percent is only fair. The author leaves the false impression that the poor drivers won't make any more money at all -- that all the extra revenue will be grabbed by the medallion owners. But if previously the driver made $100 a day and paid $50 for the lease, then after the fare increase he'll make $120 a day (assuming demand doesn't fall) and pay $60 for the lease. So his profit goes from $50 to $60.