“But seven taxi drivers have committed suicide in just the last year in New York City. Taxi drivers say mounting debt, has turned to outright desperation. Their biggest frustration? Imagine you had to pay a million dollars for your business, but your direct competitor, that is red hot with the public, paid nothing. In other words, competition from Uber and Lyft is lowering their incomes.”
Source: Seven Taxi Driver Suicides in One Year – Dominic Carter – Medium
Newsman Dominic Carter with Taxi Drivers