Long-suffering taxi-medallion owners may get local, federal help
Guise: NY City Councilmen, Congressmen, and Bank Chairman don't give money away out of a sense of Brotherly Love, despite having allocated marketing money to tell everyone otherwise.
Something stinks about all this.
Taxi medallion owners who have been struggling to pay off their loans may finally be getting help. In addition to a City Council proposal to buy up loans at marked-down rates and pass along the savings, a New York congressman unveiled a bill Friday that would provide tax relief to medallion owners that got a chunk of their debt forgiven.
https://www.crainsnewyork.com/transportation/long-suffering-taxi-medallion-owners-may-get-local-federal-help?utm_source=daily-alert-friday&utm_medium=email&utm_campaign=20200117&utm_content=article2-headline