1.18.17 - Cuomo’s ride-hailing proposal includes 5.5 percent tax

"Gov. Andrew Cuomo’s plan to allow ride-hailing services like Uber and Lyft outside of New York City includes a 5.5 percent tax on rides — the highest levy on such services anywhere in the country."

"Cuomo, a Democrat, included more than 70 pages of statutory language in a budget bill that touched on insurance, requirements for drivers and a new workers’ compensation fund. In speeches, the governor has said “upstate matters,” and cast the issue as one of regional fairness and economic development."

Read the full POLITICO New York article here (subscription required)