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PostPosted: Mon Jan 31, 2011 2:35 am 
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Location: A taxi on a taxi rank
Excess profit simply means more than would be made if the market wasn't distorted in whatever way is in issue.

So it's easily measured as regards taxis - it's simply the value of the plate.

Demand surveys have nothing to do with it. Increase fares and you can get rid of any unmet demand, and the excess proft increases.

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PostPosted: Mon Jan 31, 2011 10:06 am 
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captain cab wrote:
That aside, if a plate premium is a sign of excess profit.....as the oft and other pro deregulatory reports claim......then this would be addressed by the demand survey.

CC


So that means the council wouldn't raise any money then :lol:

Funny you didn't say that in your article #-o

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PostPosted: Mon Jan 31, 2011 11:04 am 
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Lots of point cabbage......not too many facts in your answers though.

CC

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PostPosted: Mon Jan 31, 2011 11:23 am 
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captain cab wrote:
Lots of point cabbage......not too many facts in your answers though.

CC


Touchy, touchy :D

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PostPosted: Tue Feb 01, 2011 2:15 am 
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Caledonian Cabbie wrote:
captain cab wrote:
That aside, if a plate premium is a sign of excess profit.....as the oft and other pro deregulatory reports claim......then this would be addressed by the demand survey.

CC


So that means the council wouldn't raise any money then :lol:

Funny you didn't say that in your article #-o


So did you tell the lads on Fastblacks (or whatever it's called these days) that your 'medallion' system would mean no excess profits thus zero plate values and zero money raised by any council adopting it :-s

I think that's called derestriction :lol:

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PostPosted: Tue Feb 01, 2011 2:11 pm 
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Caledonian Cabbie wrote:
Caledonian Cabbie wrote:
captain cab wrote:
That aside, if a plate premium is a sign of excess profit.....as the oft and other pro deregulatory reports claim......then this would be addressed by the demand survey.

CC


So that means the council wouldn't raise any money then :lol:

Funny you didn't say that in your article #-o


So did you tell the lads on Fastblacks (or whatever it's called these days) that your 'medallion' system would mean no excess profits thus zero plate values and zero money raised by any council adopting it :-s

I think that's called derestriction :lol:


FFS.....someone was right.....if people dont respond to your posts, you really do answer your own questions :lol:

CC

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PostPosted: Tue Feb 01, 2011 11:36 pm 
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captain cab wrote:
Caledonian Cabbie wrote:
Quite the reverse in fact, since it's rare that demand surveys - which are total schecht anway - recommend more than a handful of plates be issued, and somehow I can't see that changing much given the economic climate in the next few years, can you?

Thus this helps cement the cartel, hence your scheme would just further set it in stone. And to that extent it wouldn't raise much anyway, unless you're also proposing the relaxation of the survey methodology. That'd go down well with your fan club :D

Anyway, that wasn't actually what I was alluding to, which was the fact that the diminution of risk regarding derestriction would inflate the plate premium, which was also discussed last time round [-(


I disagree, I dont have a fan club, but if I did, it would be the greatest fan club in the world.

I think I have already stated this, but I'd rather see a local authority get the money plates are being sold for than the likes of Gary, Alistair and Mad-Jim. Who as stated only wish to help the taxi trade a fraction of the amount they wish to help themselves.

Yes the idea has flaws, but I take it from the hysterics of some, that the idea has merits.

You deliberately missed the following point?

Obviously allowing local authorities to generate income this way would need debate, feedback at the moment does seem positive. It would, for example, be in a local authority’s interest to ensure the taxi market is not flooded with taxi licenses; this would destroy any demand for medallions.

It would also be in the local authority’s best interest for the taxi trade to become successful, something many have little interest in at the moment, the greater the demand for taxis, the greater the demand for medallions.

Furthermore, if local authorities are actually pro-active about the taxi industry becoming more successful in their areas, they will look at fares, rank space and our business in a more positive business like manner.


CC

Quality point CC =D>

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PostPosted: Wed Feb 02, 2011 2:31 am 
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captain cab wrote:
FFS.....someone was right.....if people dont respond to your posts, you really do answer your own questions :lol:



Another quality response =D>

In fact I was just reading the stuff you posted on Fastblacks and because I'm not registered there I thought I would add a comment here.

And it also helps reiterate your lack of response. =D>

Which you yourself have just done. =D> =D>

And in turn I've done it again :D

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PostPosted: Wed Feb 02, 2011 2:35 am 
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Private Reggie wrote:
Quality point CC =D>


You must have missed this bit Reggie:

Captain Cab wrote:
That aside, if a plate premium is a sign of excess profit.....as the oft and other pro deregulatory reports claim......then this would be addressed by the demand survey.


No plate premium = derestriction :D

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