New York City Says This Rideshare App May Owe Millions In Unpaid Congestion Fees
https://www.zerohedge.com/markets/new-york-city-says-rideshare-app-may-owe-millions-unpaid-congestion-feesNew York City Council Majority Leader Shaun Abreu is calling on the MTA to investigate rideshare platform Empower, arguing the company may be sidestepping New York City's congestion pricing system while gaining an unfair advantage over licensed competitors like Uber, Lyft and the city's yellow taxi fleet, according to the NY Post..
The Post writes that cecause Empower does not hold a Taxi and Limousine Commission license, Abreu contends it has not been collecting the per-trip congestion charges that licensed for-hire vehicles are required to pass along to passengers, allowing the company to advertise lower fares.
According to Abreu, if Empower is facilitating as many as one million rides per month in New York City, the unpaid congestion fees could amount to tens of millions of dollars annually that would otherwise help fund the region's transit system. He has asked the MTA to determine how many Empower trips entered the congestion pricing zone without paying the required toll, calculate any missing revenue and pursue repayment if appropriate.
Those congestion fees are pointless. Where does the money go? More reason why people leave New York City.
