Thrive as an Uber and Lyft rideshare driver.

$47 Uber - $23 for Insurance and Driver ONLY Got $9!
daily drive, tip you in the app Levi Spires daily drive, tip you in the app Levi Spires

$47 Uber - $23 for Insurance and Driver ONLY Got $9!

esterday, I picked up a passenger at a hotel and took them to the airport to rent a car. The ride was a short 7-mile trip, and Uber said I’d earn $9.20. Nothing unusual there.

Then, a few minutes after I dropped them off, my phone buzzed: a $9.50 tip. More than the fare itself.

It caught me off guard. Like, why was it more than my earnings, and why was it such an odd number? On rare occasions, passengers are super generous and tip $20 or more. But this was a young guy on a business trip.

So I opened the trip receipt in the Uber app, and that’s when things got interesting. The passenger had been charged $47 for that short weekday ride, and it wasn’t even during a busy rush.

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Impact of Tax-Free Tips for Uber and Lyft Rideshare Drivers
daily drive, tip you in the app Levi Spires daily drive, tip you in the app Levi Spires

Impact of Tax-Free Tips for Uber and Lyft Rideshare Drivers

The idea of tax-free tips might seem like a dream come true for rideshare drivers, but the reality could be far more complicated. While eliminating taxes on tips could put more money in your pocket initially, it might lead to lower fares and ultimately reduce your overall income. Additionally, adding another exemption to the tax code could further complicate an already complex system. Before jumping on board, it's important to consider whether this policy truly benefits drivers in the long run—or if it’s just another trap.

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