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.
Tax on Uber, Lyft rides in downtown Chicago set to triple Jan. 1
Chicagoans will pay higher taxes on rideshare trips in 2020 as part of Mayor Lori Lightfoot’s first budget.
Chicago’s 2020 budget proposal was never truly balanced
Faced with the impossible task of balancing Chicago’s budget without pension reform, Mayor Lori Lightfoot is forced to partially rely on phantom cuts and revenues.
Lightfoot proposes $40M tax hike on solo Uber, Lyft rides in downtown Chicago
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.
Pritzker capital plan would double Illinois gas tax, hike vehicle registration fees, create new taxes on Uber and Netflix
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.
Chicago City Council seeks to hike ridesharing fees
One alderman with strong ties to the traditional taxicab industry has suggested raising fees on ridesharing to fill the growing budget gap.
The end of Uber in Chicago? Ordinance would require fingerprinting of rideshare drivers and limit surge pricing
The ordinance was pushed through committee by taxi industry ally Alderman Anthony Beale, 9th Ward.
Uber, food trucks and Airbnb: Chicago’s 3 biggest over-regulation stories from 2016
It’s no secret Chicago aldermen aren’t friendly to outsider businesses and innovative industries. Here’s a look at some of the most egregious examples from 2016.
Chicago aldermen propose ban on driverless cars
A new ordinance would ban all cars with autonomous technology from Chicago, preventing Uber from expanding the fleet of self-driving vehicles it recently introduced in Pittsburgh.
Chicago passes new rules on Uber and Lyft
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.