Most taxicab drivers also have a tough time making a living. They aren’t responsible for their own cars, maintenance, and some insurance, but they do have to pay for their own fuel, tolls, benefits (because 87% of all taxi drivers in the US are independent contractors), and they pay a daily rental fee that is far higher than any possible slice of every fare that an Uber or Lyft driver picks up. I will do the math for you in a longer response.

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