In Act of Anti-Competitive Protectionism, Massachusetts Will Tax Ride-Hailing Apps to Subsidize Taxi Industry

I originally posted the following information and commentary onto my Facebook wall…

A driver displays Uber and Lyft ride sharing signs in his car windscreen in Santa Monica, California, U.S.

A driver displays Uber and Lyft ride sharing signs in his car windscreen in Santa Monica, California

Massachusetts to Tax Ride-Hailing Apps, Give the Money to Taxis:
http://www.reuters.com/article/us-massachusetts-uber-idUSKCN10U1ST

(David IngramMassachusetts is preparing to levy a 5-cent fee per trip on ride-hailing apps such as Uber and Lyft and spend the money on the traditional taxi industry, a subsidy that appears to be the first of its kind in the United States.

Republican Governor Charlie Baker signed the nickel fee into law this month as part of a sweeping package of regulations for the industry.

Ride services are not enthusiastic about the fee.

(Read entire article here…)

My Commentary: Pathetic…