This is why it's so annoying that Albany vetoed the congestion pricing plan. Congestion pricing would keep vehicle traffic down to acceptable levels without discriminating based on type of vehicle.
Still though it should be recognized that the medallion system leads to massive returns for a tiny minority of existing medallion holders who are basically just extracting rents. The system could have easily been set up so as to distribute the returns to riders, or drivers, or taxpayers.
Still though it should be recognized that the medallion system leads to massive returns for a tiny minority of existing medallion holders who are basically just extracting rents. The system could have easily been set up so as to distribute the returns to riders, or drivers, or taxpayers.