Quote:
Originally Posted by Frequitude
Can anyone on either side of the debate provide a good answer to the following questions:
Why should the City not increase the number of taxi licenses by 1? 100? 1000?
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The inevitable answer is: because increasing licenses a) devalues the current licenses on the market (not the cities/populaces problem) and b) lowers the potential income of each current license owner (not the cities/populaces problem, unless you think the city is responsible for regulating a private industry).