A Chicago alderman wants to cap ride-share prices during peak demand. But price controls could leave more riders stranded if extra drivers are no longer attracted by extra cash.
The mayor proposed tripling ride-sharing taxes and fees on solo passengers downtown, on top of other increases, as the city confronts a nearly $1 billion budget deficit and a costly contract dispute with the nation’s third-largest teachers’ union.
Gov. J.B. Pritzker’s office is using a major capital bill as a vehicle to grease lawmakers for a progressive income tax amendment. But the tax hikes to pay for it would make Illinoisans’ gas tax burden the second highest in the nation.
Lawmakers in Springfield are joining forces with Hertz and Enterprise in efforts to punish companies offering innovative alternatives to conventional car rental options.
Chicago has some of the highest taxes on travelers in the nation.
One alderman with strong ties to the traditional taxicab industry has suggested raising fees on ridesharing to fill the growing budget gap.
The ordinance was pushed through committee by taxi industry ally Alderman Anthony Beale, 9th Ward.
Vugo is the type of technology startup political leaders often herald as the future of Chicago. But taxi protectionism has forced it to leave town.
The city will require rideshare drivers to complete an online course before hitting the road, and will allow ridesharing platforms such as Uber and Lyft to continue conducting their own background checks.
The city of Evanston offers a path forward for governments to level the playing field between traditional taxis and ridesharing.