Taxi driving in New York City or any place is a service business. In the case of taxi driving revenue is derived from one source for two reasons. The basic rate of fare. This is how much a trip expenditures according to the posted price. It is usually controlled by a municipal organization. In Ny City the rate of fare is managed by the Ny City Taxi Limousine Commission. The other source of profits comes from gratuities or tips. This really is to some degree managed because of the driver based...
