New York City proposing yellow cab fare hike, increasing surcharges

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New York City proposing yellow cab fare hike, increasing surcharges
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Average passenger fares would increase nearly 23%, but driver pay would also go 33% by increasing meter rates.

Uber and Lyft would see increases in their driver pay rates--The nighttime surcharge would be increased from $0.50 to $1.00--The rush hour taxi and flat fare surcharge for Kennedy Airport trips would be increased from $4.50 to $5.00.--A new $5 surcharge for trips to and from LaGuardia Airport

--The Taxicab Improvement Surcharge and Street Hail Livery Improvement Surcharge would be increased from $0.30 to $1.00The fare increases, in response to inflation and high gas prices, were posted on the Taxi and Limousine Commission's notice of a public hearing on the changes, scheduled for October 6.

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