Quote:
Originally Posted by Undertoad
The biggest reason is [i][b]licensing of taxi medallions.
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Profession cab companies around here have no medallions and still cost more. They know what their costs are. To obfuscate the issue, you confuse NYC cabbies with others who have no medallions. These still cost more because they charge based on actual costs.
Once we include everything you have said correctly, then you really agree with everything I have said. Thank you.
Meanwhile, Uber drivers often make far less than they realize. $5 profit for a half hour fare is profitable? Yes. It explains so much dissension among Uber and Lyft drivers. Of course, the business model makes it almost impossible for them to Unionize. So is it really a business - or a hobby?