(subject line adjusted -- this has long ago ceased to be Maastricht-specific in any way) --On Tuesday, May 18, 2010 13:11 -0400 Phillip Hallam-Baker <hallam@xxxxxxxxx> wrote: >... > Mandating credit card acceptance should in theory merely > reduce the amount the rent that the medallion owners can > extract from the drivers and thus not affect the proportion of > the fares the drivers receive. The reason the drivers do not > like them is that they make their earnings more transparent to > the medallion owners and thus enable them to maximize their > rent extraction. A closely-related reason the drivers don't like them is concern that credit card charges leave a paper trail that can, in principle, make it harder to distort income for taxation purposes. None of this makes the comments of Ted and others less true. The equation is, as usual, a little more complicated than credit card charges or perceived "float" alone. There is no "the reason", only a whole complex of reasons, some of which may be more important to some drivers in some areas than others. john _______________________________________________ Ietf mailing list Ietf@xxxxxxxx https://www.ietf.org/mailman/listinfo/ietf