New York City taxi prices will increase by 17% starting from the 4th

New York City taxi prices will increase by 17% starting from the 4th. According to the New York Times, yellow taxis will increase their fares for passengers starting from the 4th. Taxi and ceremony in New York City...

New York City taxi fares will increase by 17% starting on the 4th. According to the New York Times, yellow taxis will increase their fares for passengers starting on the 4th. The New York City Taxi and Limousine Authority announced on the evening of the 2nd that the decision to allow yellow taxis to increase their fares by about 17% will take effect at 12:00 pm on the 3rd after yellow taxi operators readjust their fare schedules and update their car exterior signs. The authority does not require operators to wait until the first scheduled vehicle inspection after September 30 before implementing the new fare policy, which means that New York City's yellow taxis are likely to implement a hybrid policy of the old and new fare systems in the coming weeks. "We anticipate that many taxi operators will implement the new fare policy on September 4, so it is extremely important that riders know and understand this," the Taxi Authority said in a statement, which approved the toll increase in July. The starting fare will remain unchanged, but the charge for every fifth of a mile traveled, or for every 60 seconds the taxi stops in heavy traffic, will increase from 40 cents to 50 cents. Starting today, taxi fares between JFK International Airport and Manhattan will increase by $7, bringing the total cost to $52. Additional fees for traveling to and from Newark International Airport will also increase, with the total cost rising from $15 to $17.50. New York City taxi fares were last adjusted six years ago. David S. Yassky, chairman of the New York City Taxi and Limousine Management Committee, believes that "taxi driver wages are not high and have not increased in the past six years. Now we should ensure that they can live on a decent wage."