NYC proposes yellow cab taxi and limo rate hikes

for well over a century. But the drivers who sit behind the wheel worry their jobs could one day become extinct--unless they're paid more.We are all feeling the effects of high inflation, but Tuncel says, for taxi drivers, it’s been crippling.

"We are taking home day after day less and less of what we earn," Tuncel said. "Gasoline has doubled in price. Car prices are through the roof."That's why Tuncel signed up to voice his concerns Thursday in the Taxi and Limousine Commission’s first public hearing on a proposed rate hike. The TLC wants to raise base fares from $2.50 to $3.00. The nighttime surcharge would increase from 50 cents to $1.00. And the rush hour fee would change from just $1.00 to $2.50.If you look closely at the receipt from your cab or for-hire car ride, you'll see a lot of surcharges and fees. What are all of these add-ons?

There would also be a new $5 surcharge on trips to LaGuardia. And flat rate trips to JFK would jump from $52 to $65."This is long overdue for a sector that has seen a historic loss in the number of trips," said Bhairavi Desai with the New York Taxi Workers Alliance. "This deserves to be a job that is a pathway to a middle-class life, which is what it once was."

Who besides cabbies has gone ten years without a raise. Why is capitalism supply and demand for everyone except the cabbies? Uber can raise their prices by a factor of 10 or more during a blizzard but cabbies get what they got in 2012? Disgusting.

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