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Politics & Government

17 Percent Taxi Fare Hike Approved

A cab ride will now cost about 10 cents more for every fifth of a mile.

Hailing that cab to Brooklyn just got pricier.

The city's Taxi and Limousine Commission voted 6-2 (with one abstention) Thursday to approve a 17 percent fare increase for yellow cabs, says NY1.

The base fare will remain $2.50 but, according to the article, each click of the meter would increase from 40 to 50 cents. The flat rate to JFK airport from Manhattan will also increase to $52, from $45, says NY1.

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"It has been six years (since the last fare increase), they're actually earning less than they were then. A taxi driver today brings home $130 for a twelve-hour shift,” TLC Commissioner David Yassky told NY1. “Now that's twelve hard hours behind the wheel, $130 with no benefits. I think people can appreciate it's time to increase that.”

Under the new fare rules, six cents from every trip would go to driver health care, according to the article.

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The plan was , and picked up steam in June when , believing that an increase was long overdue.

How do you feel about the upcoming fare increases (likely to be put in place by September)? Are you happy to support a better wage for drivers, or will the fare hike be affecting your own bottom line? After all, a recent report found that yellow cab drivers were more likely to take passengers to Brooklyn with . Let us know your thoughts in the comments.

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