If cab fare is 60 dollars how much is the tip in New York?

Answer 1

You should tip 20% for good service, which would be $12. And if you're paying by credit card, you should really tip 25%, which would be $15. Taxi drivers have to pay a fee for every single credit card charge, which cuts into their tips significantly, especially with small fares. This is also why many take-out restaurants, delis and bodegas have a minimum purchase for credit card charges (usually $10 or $15), because it's just not worth it for them to accept a credit card for a $5 purchase. But taxi drivers aren't allowed to have credit card minimums, although some of them still refuse to accept a credit card sometimes, even though by law they have to.

Before credit card machines became installed in every single taxi, and accepting credit card purchases became mandatory (around late 2007 or early 2008) there was a period (the late 1990s to early 2000s) when they were only installed in some taxis, which was followed by an intermediary period where there were no credit card machines in any taxis. During the period when they were only installed in some taxis, and accepting credit card purchases was only voluntary, literally almost every single cab driver who had one would refuse to let you pay by credit card. They would tell you it was broken. It was always broken. Somehow, every single credit card machine in every single taxi was broken. But when you said to the cab driver, "Hey, look, I know your machine isn't really broken. I know you have to pay a fee for every credit card purchase, so if you just let me pay by credit card, I promise I'll give you a really big tip?" And all of a sudden, like magic, the credit card machine wasn't broken anymore.