Massachusetts is taxing Uber and giving the money to taxis
 

Massachusetts is taxing Uber and giving the money to taxis
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Ride an Uber, give five cents to the struggling taxi industry.*

Massachusetts will tax Uber with a new law that uses some of the fees to support the traditional taxi industry.*

The state is introducing a $0.20 per-trip fee for ride-hailing companies like Uber and Lyft. Ten cents from that fee will go toward local transportation infrastructure in cities and towns, 5 cents will go toward the state's Department of Public Utilities and 5 cents will support Massachusetts' taxis.*

The tax, part of comprehensive transportation legislation passed in early August, is likely the first of its kind. It amounts to a subsidy for the struggling taxi industry provided by the massively successful ride-hailing industry.* Read more...

More about Ride Hailing, Taxi, Taxes, Massachusetts, and Uberhttp://feeds.feedburner.com/~r/Mashable/~4/jNnC4x6qBNQ