Taxi plate owners say government has wrecked their retirement nest egg

By Kirsten Lawson
Updated April 24 2018 - 10:17am, first published November 3 2015 - 6:12am

For Chris Nichols, the decision to spend $272,000 buying a taxi plate and joining Aerial in 1994 was about security for her future and a nest egg for her retirement. Now retired and in her late 60s, she owns a plate she says has been made virtually worthless with the arrival of Uber and the deregulation of the taxi industry.

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