
Yellow cab drivers have a seen a loss of 15 to 20 percent in revenue since the state’s congestion pricing surcharge went into effect last month, according to The Taxi Worker’s Alliance, which arrived at the estimate after reviewing trip records from drivers. The congestion pricing fees are expected to generate $400 million a year for the MTA, but several taxi drivers interviewed on Wednesday said the fundraising initiative is cutting deeply into their already slim margins. [
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