Before I get into today’s roundup, I wanted to give a big thanks to everyone who’s been supporting the blog. I’ve gotten lots of e-mails, messages and tweets from readers who enjoy reading my content and listening to my podcasts. It’s a lot of work to run this site and I don’t get paid anything so all of your kind words really motivate me to keep doing what I do. If you haven’t done so yet, I encourage you to leave a review on iTunes for the podcast so that I can keep moving up in the rankings. The podcast is doing well and at last check, the second episode had over 400 downloads! On to the roundup..
We all know that rideshare is under a lot of scrutiny right now. Taxi lobbyists and government officials are doing their best to stifle innovation and there are two bills in the CA senate that could change the future of rideshare indefinitely. Last week, I gave my thoughts on the two bills in the senate and I’m glad to see that over the past week, some revisions have been made. But the reason why I still don’t fully support either of the bills is because I don’t want to see TNC’s to turn back into taxis.
Related Article: Should You Support AB 2293 and AB 612?
More regulation and stricter insurance requirements might sound ok on the surface but that’s not always a good thing. There is a reason why I’ve spent most of my adult life doing everything I can to avoid getting into a taxi. Once ridesharing came along I actually looked forward to ‘calling a cab’ and my interest in the sharing economy is what inspired me to start this site.
Make Every Mile CountDid you know that every 1,000 business miles can generate $540 in tax deductions? Never miss another mile with the new QuickBooks Self-Employed automatic mileage tracker.
Nothing is set in stone yet but TNC’s have a big battle ahead of them. It would behoove them to work together on these issues but instead it seems like they’re too busy trying to poach each other’s drivers and lower fares to entice more riders. What this all means is that drivers are getting paid less and being forced to take on more risk. It’s hard to keep track of how much I really make these days because it seems like Lyft and Uber are lowering their prices every day. [Read more…]