4 ms·

I'd like to see a breakdown of the money flow in the traditional taxi industry. With a medallion system, how much of the cash flow goes to the medallion owner,

I'd like to see a breakdown of the money flow in the traditional taxi industry. With a medallion system, how much of the cash flow goes to the medallion owner, and how much to the driver?

GFischer 14y ago
There was an interesting article on that recently: http://www.slate.com/articles/business/moneybox/2012/06/taxi_medallions_how_new_york_s_terrible_taxi_system_makes_fares_higher_and_drivers_poorer_.html http://www.slate.com/articles/business/moneybox/2012/06/taxi... "New York fares have gone up six times over the last 30 years, yet drivers’ real income has fallen"