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a new deal between new york city taxi drivers and the city is expected to relieve the pressure on thousands of cab drivers who are struggling to make ends meet the citys taxis were once meant for drivers to buy operate and profit from their own cabs but now services like uber and lyft have severely cut into the taxi industry profits many taxi drivers owe the city upward of 500 000 on average just to have their license but last week the new york taxi workers alliance came to an agreement with mayor bill de blasio that will relieve thousands of dollars from taxi drivers loans will now be reduced to a maximum of 170 000 citibank dollars and the alliance said on twitter no more debt beyond our lifetime no more risk of losing homes where do you think this will leave uber and lyft sales going forward has the transportation in your city been affected by the rise of ride-sharing apps we want to hear your thoughts in the comments
