It shouldn’t have taken a PhD in economics to notice this – Wirepoints Quickpoint
May 17, 2024
57 Comments
What a representation of Chicago’s plight.
-- Connecting the dots between our economy, government and business --
The mayor's proposal would add a $1 surcharge to taxi fares of up to $20, a $2 surcharge for fares of up to $40, and a $3 surcharge for fares above $40 whenever the AAA's average monthly price for a gallon of regular gasoline in Chicago rises above $5.
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Are the taxis owned by the city? Will lori propose a surcharge for beers? The cost to produce beer is rising also. Will Lori propose a surcharge on lawn mowing? Will Lori propose a surcharge on tanning? Electric rates going up up up. Will Lori propose a . . .
I propose that Lori instead leverage this development by tacking a surcharge onto outbound moving companies and U Hall trucks.
It would leave her base taxi patrons with more cash in their wallets while raising even more money from people who are leaving for good anyway.