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According to an April 2011 study by the Chicago Dispatcher, New York City taxis have a relatively low standard fare, charging an estimated $14.10 for a distance of 5 miles (8.0 km) and five minutes' wait time (compared to an estimated $18.48 in West Hollywood and $12.87 in Houston). [39]
In a subsequent poll conducted in November 2007, the opposition rate had risen to 61%, while support had fallen to 33% [51] A third poll taken in March 2008 found that New York City voters supported congestion pricing by a margin of 67 percent to 27 percent if the money were used for mass transit improvements, and statewide voters supported the ...
The total value of all medallions and assets related to them had a value of $16.6 billion in New York City in 2013. [9] In 1962, the market value of a medallion was around $25,000. The price rose steadily. In 2005, an individual medallion was around $325,000 while a corporate medallion was approximately $375,000. [12]
(Reuters) -The U.S. Transportation Department has approved New York's plan to impose a $9 congestion charge for driving in Manhattan starting on Jan. 5, a move aimed at raising billions for mass ...
Taxis in New York City quietly changed the payment screen that appears at the end of a ride. Gone is the option for the traditional 15% tip. Now, the lowest tip option offered to riders is for 20% ...
The taxicabs of the United States make up a mature system; most U.S. cities have a licensing scheme which restricts the number of taxicabs allowed. As of 2012 the total number of taxi cab drivers in the United States is 233,900; the average annual salary of a taxi cab driver is $22,820 and the expected percent job increase over the next 10 years is 16%.
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