Or some of us have been running cab companies for decades.Ugh. You guys are hopeless. The article states that state regulators are working with Uber to assess rates that are in line with a $17.22 wage.
It could be done several ways but it looks like the method of choice is more likely to be some form of fare normalization or price fixing.
We'll see what happens but I'm highly reluctant to speculate or trust a bunch of Uber drivers who have shown a profound inability to do maths
I had a limo interview last year. They W2 so are obligated to pay minimum wage if the tips don't reach minimum.
There are many systems within IC driving.
NYC has passed legislation which states a full time TNC driver must make $17.22 after expenses. The onus is now on Uber/Lyft to pay them at least this amount, and 1099K them for it.
Stop assuming everyone here is beneath your level of achievement.