.....no? http://nypost.com/2014/02/26/taxi-medallion-auctioned-for-record-setting-965000/ http://nypost.com/2014/02/26/taxi-medallion-auctioned-for-re... http

.....no? http://nypost.com/2014/02/26/taxi-medallion-auctioned-for-record-setting-965000/ http://nypost.com/2014/02/26/taxi-medallion-auctioned-for-re... http://www.sfweekly.com/thesnitch/2010/05/05/munis-taxi-medallion-revenue-projections-now-officially-bullshit http://www.sfweekly.com/thesnitch/2010/05/05/munis-taxi-meda... They are normally sold by the city directly to a cab driver or cab company. Some cities then collects taxes [e.g. trip taxes] and use the taxi medallion ownership and related legal records to track who is operating a cab that should be paying tax. http://www.tax.ny.gov/bus/mctmt/taxi.htm http://www.tax.ny.gov/bus/mctmt/taxi.htm I'm pretty sure Argentina does the same. e.g. Buenos Aires sells them http://www.entedelaciudad.gov.ar/sites/ente.zonageo.com.ar/es/node/15.html http://www.entedelaciudad.gov.ar/sites/ente.zonageo.com.ar/e...