More than a dozen cities and states have started to collect fees from the likes of Uber and Lyft and their passengers to raise funds to pay for a variety of services, not all of them transportation-related.
The fees range from as little as 15 cents a ride to $5, or sales taxes of 1 to 1.4 percent. Uber and Lyft claim they’re being singled out.
“As ride-hailing services become a dominant force across the country, they have increased congestion, threatened taxi industries and posed political and legal challenges for cities and states struggling to regulate the high-tech newcomers. But they are also proving to be an unexpected boon for municipalities that are increasingly latching onto their success — and being rewarded with millions in revenue to pay not only for transportation and infrastructure needs, but also a host of programs and services that have nothing to do with t”he ride-hailing apps.”
Read the article at New York Times.
The post Cities and States Are Starting to Profit from Ride-Hailing Business appeared first on Fleet Management Weekly.
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