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IPFS News Link • TAXES: Local

Want to drive a cab in New York? That will be $1,000,000 please!

10-22-2011 • The Political Commentator

Two New York City taxi medallions sold this week for $1,000,000! Of all the investments one could have made the past 30 years, buying a NYC taxi medallion would have been one of the best. While the stock market has risen in that period 1,100% the value of a NYC taxi medallion has risen 1,900%! (source)...

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Reported By Michael Haltman

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