Morning Brew Daily Cities Charging for Traffic & Wall Street Loves Weight Loss
Jun 27, 2023
New York City sparks debate with its new congestion toll for Manhattan drivers, potentially influencing other cities. Wall Street is buzzing over a promising weight-loss pill from Eli Lilly. The Supreme Court's discussions on taxing unrealized income could redefine the wealthy's tax burden. Cottage cheese is unexpectedly trending among Gen-Z, while pickleball is causing a rise in health care costs for seniors. Plus, LSU fans take sports fun to another level with record-setting Jell-O shots at the College World Series!
AI Snips
Chapters
Transcript
Episode notes
Congestion Pricing in NYC
- New York City will implement congestion pricing, charging drivers entering Manhattan below 60th street.
- This is the first congestion pricing plan in any U.S. city and may set a precedent for others.
New Jersey Pushback
- New Jersey commuters are upset about the additional congestion toll on top of existing bridge and tunnel fees.
- They argue this constitutes an unfair additional tax.
London's Congestion Tax
- London implemented a congestion tax in 2004, initially reducing congestion and pollution.
- However, these improvements diminished over time due to the rise of ride-sharing and delivery vehicles.