7 ms·
I know about the DC taxi commission a little bit...they will go anywhere, and do anything to protect their bottom line.
by azarias 14y ago
I know about the DC taxi commission a little bit...they will go anywhere, and do anything to protect their bottom line.
- eli 14y agoThe bottom line of the commission? Aren't they a government agency?
- dmix 14y agoTaxi commissions make a significant amount of money from Taxi medallions. They can cost anywhere from $200k-$1 million dollars each in some cities.
- eli 14y agoNo, they don't. There are no medallions in DC. And any money they "make" goes to the city's general fund anyway.
- dmix 14y agoAh you're right. Only source I could find about revenue is how they added $9.9 million in revenue by increasing the surcharge by 50 cents and recently awarded a $35 million dollar contract to Verifone. So they must be generating some significant amount of money still. http://www.washingtonpost.com/blogs/mike-debonis/post/final-vote-on-dc-taxi-overhaul-set-for-today/2012/07/10/gJQAjQQUaW_blog.html http://www.washingtonpost.com/blogs/mike-debonis/post/final-...
- jvm 14y agoIn NYC the taxi commission is in the pocket of the medaillion holders. That's why the recent law to issue more mediallions (2,000 at ~800k each = $1.6b for the city) had to go through the state instead (Albany being less corrupt than anything is mind-boggling), until of course a judge knocked down the law and said only the city could do so.