blackram said:No, I sent you a link which confirms the $100k figure. It just doesn't say how long it's for.
ok, a couple of things about that:
it states "have acquired a market value" meaning that's what people are paying to buy one from someone else. That isn't what the city is charging and i can see there being this value since the city only issues so many.
it also states that this is for a " taxi owner licence"....this to me means that it isn't per car, it is per owner and from what i understand, an owner can own multiple cars.....
I look at this like my master business licence.....it doesn't restrict me to only doing one thing, such as building decks, i can do decks, bathrooms, framing, drywall etc etc etc....and it is good for life......(or so i understand at this point).
You have to think about it for a second.....even if it is for life, what cabbie could afford to pay 100K in order to make $15K per year? it would take him 8 or 9 yrs just to earn enough to pay for the licence and he'd have to work 2 other jobs in order just to make rent, groceries etc.......