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Boston Taxis- What Are They Worth?.
established around 1630. It can be recognized as the “cultural capital” of the surrounding region of New England. Being a city
who is earning the cash? The answer lies partly with who make money from people who try to drive their way to the American dream.
The permit to operate a car as a taxi cab is a small square plate nailed to the rear of the Boston taxi. There are only 1
To Boston taxi drivers — most of them immigrants who average seventy two hours a week driving someone else’s taxi cab to profit maybe $550 — the medallions are like wealth, keys to better lives for themselves and their family. Consequently, the medallions that cost $50 in 1935 now demand a good deal more, making them the 2nd priciest in the united states after New York City’s. Since the cost continues rising, the cabbies keep driving and driving and struggling to keep up.
coupled with the poor financial crisis as well as the rising gas prices. It is no wonder that Boston taxis tend to be pricey.