After Six Years, Taxi Fares May IncreaseBecause of rising gas prices, inflation, and other costs, the Taxi and Limousine Commission is petitioning for a fare increase. It has been eight years since the last one.CopyFacebookXTruthGettrLinkedInTelegramEmailSaveThe rising cost of taxi medallions. Courtesy of TLCBy Zachary Stieber5/21/2012Updated: 10/1/2015Print