Earlier quoted context omitted.
> don’t masquerade this as some kind of “economic reckoning” In New York, low-income New Yorkers who own a car (or live in the zone) will be eligible for a waiver [1]. People with disabilities, too, will probably be eligible for a waiver. (Some carve-outs are still being pinned down.) Taxis, Ubers, trucks and cars owned by people who opt to pay hundreds of dollars a month in parking are who will be taxed. Given the u…
> Taxis, Ubers, trucks and cars owned by people who opt to pay hundreds of dollars a month in parking are who will be taxed. Given the unusability of our streets, this seems closer to an economic reckoning than a political money grab. Taxis and Ubers are forms of public transportation, and likely reduce the overall number of cars on the road. Simultaneously, they reduce the incidences of drunk driving, providing posi…
You're already effectively paying a premium to account for the extra time the drivers have to spend in traffic. It's not clear whether the congestion charges will be more than the labor-time saved.
Also, a general point: typical market goods are, by default, "regressively priced", because most of them don't look at your income to determine the price. This is generally a good thing, because if every good's price scaled with income, there would be no material gain to earning an extra dollar.
Any time you recognize a real scarcity and ensure it's priced explicitly rather than allocated by an ever-choked queue, it's going to be regressive in this sense. That shouldn't be a deal-breaker by itself.