Efforts to nail down a dedicated funding source for Metro could come at the expense of ridesharing services such as Lyft and Uber.
D.C. Mayor Muriel Bowser has released her proposed budget for fiscal year 2019, and it includes about $178.5 million for Metro. This funding would require some tax increases, including a jump in the taxes paid by ridesharing services, from 1 percent to 4.75 percent. In essence, that’s roughly 20 cents more for a $5 ride.
Bowser also said the city sales tax would rise from 5.75 to 6 percent.
Metro is funded by Virginia, Maryland, the District and the federal government, but has no consistent, dedicated funding source. Lawmakers in three local jurisdictions believe they are closer than ever to finalizing a dedicated funding plan. Under a plan approved by the Virginia General Assembly, the District would be on the hook for $178.5 million annually, Virginia would pay $154 million and Maryland would pay $167 million.
Would a higher tax on Lyft and Uber make you reconsider using the services?
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