Tomas Vykruta Data Daily

NYC is adding a $2.75 "surcharge" fee for all rides south of 96th street. Effects Lyft and Uber only, not yellow cabs and other car services, who will now become the cheaper option. "Your surcharge will go directly to the state to support public transportation. It won't go to drivers or to Lyft. " This is a form of direct taxation. There are a few issues with this. We already pay the highest taxes in the country for living in new york city. and now new yorkers are again being charged yet another form of tax to support the state (note these proceeds go to the state, not to the city). Let's do some quick math.. if you take uber to and from work, and use it twice on weekends, that works out to 2.75*2*7=$38.50 per person per week, or $2002 per year in increased tax. For someone making 100k a year, that's a 2% tax increase. For someone making $1M a year, that's 0.2%. How liberal of new york to add this new form or taxation of the lower an...