[frenchman_in_ny]

$90K in (gross) revenue (in NYC), before taking into account operating costs (fuel, lease expenses), depreciation, healthcare, self-employment taxes, etc.

It's off the cuff and I'm sure I'm missing a number of categories, while realizing that you can deduct a certain number as business expenses, but I'm fairly certain you're really (edit) not (/edit) seeing anything close to $90K in the end.

[neltnerb]

I have no horse in this particular race, but taxi drivers also pay for fuel, their own health care, and I think generally self-employment taxes as well. So the actual difference is just the cost of operating the vehicle in wear and tear and depreciation. The latter of which is mostly relevant only if they purchase the car exclusively for this purpose.

So the $90k might be deceptive because it's not net, but it's a sensible way to compare to what traditional taxi drivers make given uncontrollable variability in car ownership expense.

[changdizzle]

I'd also like to see how many hours on average someone making $90K in gross revenue in NYC is working.