Author Topic: TLC waives nearly $20 million in taxi fees in response to cabby suicides  (Read 132 times)

YELLO

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The city will apply the brakes on millions of dollars in fees due this week from taxi-medallion owners in an attempt to stem a rash of cabby suicides.

Taxi and Limousine Commission head Meera Joshi agreed to waive what would amount to nearly $20 million in fees to give struggling medallion owners some breathing room.

She made the move after nearly a year of driver deaths led to mounting criticism from other cabbies, pols and city officials.

Absolutely anything could help out right now,” said Bhairavi Desai, executive director of the New York Taxi Workers Alliance. “People are struggling and they would definitely appreciate it.”

TLC commissioner Meera Joshi, who has been scorned by taxi drivers for not doing enough to help them, agreed that the hacks need a hand.

Levine’s bill would require the TLC to conduct a study of medallion owners’ and drivers’ debt and propose ways to help them out.

https://www.google.com/url?sa=t&source=web&rct=j&url=https://nypost.com/2018/10/29/tlc-waives-nearly-20-million-in-taxi-fees-in-response-to-cabby-suicides/amp/&ved=2ahUKEwjZ_eb18qveAhWO11MKHZ26BoUQyM8BMAB6BAgGEAQ&usg=AOvVaw1rUtYcKKAdJN6wz0hdtLUQ&ampcf=1

Antieuba

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Amounts to a pathetic attempt to paper over the many previous crimes!

AND, the article says they might recoup the money at a later date?

So it’s only temporary, maybe.

meter peter

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The fees are being waved so the people holding forclosed medallions can save the fee. It has nothing to do with us. The hedge fund buyers have power and don't want to spend big bucks on idle medallions. Help us? I guess if your a fool you believe it.

Taxiwerker

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Really ...?.....BAN Blood Sucking Uber Lyft Apps  Pimps.....

We Have To Collect Fees for The MTA ...Which Will Easy Surpass these Bogus Fees Waived ...

BAN Uber / All Apps Or BUY ALL The DAMM Medallions at 2 Million APIECE !!!!

If WE Have to Collect Those FEES for MTA ...Them WE GET MTA Benefits.....NOW.....!!!!

YELLO

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Councilmember Mark Levine has introduced a bill to study the “problem of medallion owners with excessive debt” and a companion bill to provide financial and mental health counseling to drivers, and he called the TLC’s move “a short-term step to provide some relief to the drivers while we work out a longer-term policy.”

“Independent owner-drivers who played by the rules set by the city are now enduring extraordinary financial hardships through absolutely no fault of their own,” Levine said in a statement, reported by the Daily News. “After having bought an asset because they had a guarantee from the city about its underlying value, our city has failed these small business owners.”

As for the medallion fees, the city is reserving the right to collect them later, after Levine’s bills move through the legislative process, the NY Daily News reported.

https://www.google.com/url?sa=t&source=web&rct=j&url=https://nextcity.org/daily/entry/new-york-taxi-commission-puts-20-million-in-medallion-fees-on-hold&ved=2ahUKEwj5mcfmjbLeAhXynuAKHVsIBUcQqOcBMAJ6BAgIEAo&usg=AOvVaw1dba29y-K7eCdEYvKQsX3C&cshid=1541038156377

YELLO

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From March 2018:

Rodriguez has previously suggested that the city  bail out medallion owners, saying that “we should find a form of restitution to those who have invested in our city's future through the purchase of medallions.”   
https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.wired.com/story/why-are-new-york-taxi-drivers-committing-suicide/amp&ved=2ahUKEwiN5uy0j7LeAhXMyVMKHbQKB-cQFjAEegQIABAB&usg=AOvVaw2m2fQv5K_hBlDajg43e32s&ampcf=1 >

From April 2018:

There’s opportunity for anyone in this industry to do fine," said Councilman Ydanis Rodriguez (D-Manhattan), who chairs the Transporation Committee. "However, we cannot destroy the traditional livery taxi industry, the yellow taxi industry, in order for the new one to do well."

https://www.google.com/url?sa=t&source=web&rct=j&url=https://patch.com/new-york/new-york-city/amp/27565473/nyc-lawmakers-take-aim-uber-again&ved=0ahUKEwjrsZzFlLLeAhXDtVMKHZwLCycQyM8BCEMwBg&usg=AOvVaw1lWSvkIAg07ZdGPG7nm83R&ampcf=1

From May 2018:

We are in the middle of a crisis in the taxi industry that is hurting hard-working New Yorkers, many of whom are immigrants that came to this country in search of a better future for their families,” Rodriguez said in an emailed statement. “It is incumbent upon us as policymakers to employ any tools at our disposal to make sure we’re not abandoning these families to their fate.”

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.amny.com/amp/transit/taxi-driver-fines-1.18545254&ved=0ahUKEwjFltTikbLeAhXLm-AKHYPnAO8QyM8BCCowAQ&usg=AOvVaw2gnJFUeBO5ZATgm3vi9qeZ&ampcf=1

« Last Edit: October 31, 2018, 11:09:03 PM by YELLO »