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Massachusetts Will Tax Uber to Subsidize Taxi Industry. That’s Absurd. – Hit & Run : Reason.com

Take the state of Massachusetts, which has decided to levy a 5 cent fee on every single trip arranged by a ride-sharing service. That would be annoying on its own, but it gets much worse: the government will take the money generated from the fee and create a sort of bailout or subsidy for the […]

Take the state of Massachusetts, which has decided to levy a 5 cent fee on every single trip arranged by a ride-sharing service. That would be annoying on its own, but it gets much worse: the government will take the money generated from the fee and create a sort of bailout or subsidy for the failing taxi industry. Massachusetts is robbing Peter to pay Paul, who also happens to be Peter’s direct competitor.

Source: Massachusetts Will Tax Uber to Subsidize Taxi Industry. That’s Absurd. – Hit & Run : Reason.com

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