4 ms·
The 2012 mileage reimbursement rate set by the IRS is 55.5c/mile, and is supposed to take fuel, maintenance, insurance, depreciation, etc costs into account. h
by commandar 14y ago
The 2012 mileage reimbursement rate set by the IRS is 55.5c/mile, and is supposed to take fuel, maintenance, insurance, depreciation, etc costs into account.
http://www.irs.gov/newsroom/article/0,,id=250882,00.html http://www.irs.gov/newsroom/article/0,,id=250882,00.html
- wilfra 14y agoSo they are saying its $6 + labor + profit = $60 for a 15 minute ride. The system is broken.
- commandar 14y agoYou also have to account for any costs incurred between fares. Labor costs during down time, mileage accumulated between dropping off one fare and finding the next one, etc. Not saying there aren't any inefficiencies or that there isn't established-player protectionism at work, just pointing out that a lot of the cost estimates floating around in this thread are clearly hugely inaccurate.
- mseebach 14y agoIt's an order of magnitude estimation aka back of the envelope. Any discussion of numbers without access to internals is going to be estimate, but that doesn't mean we shouldn't try to let these inform the discussion.