The Uber Economy:

It Just Doesnt Add Up For Nevada

The Tip of The Iceberg
A 30% loss of licensed transportation service in Clark County alone means more than $5.5 million
in lost funding per year to state and local government.
McCarran Airport Fees

$2,289,744

Direct and Indirect Job Loss

Trip Charges & NTA fees

$1,842,589

Impact of 30% loss of full-time drivers jobs with living wages

Modified Business taxes

$ 647,018

and benefits in Clark County.

LABOR INCOME
$70,320,848

EMPLOYMENT
1,181

Sales & County Option taxes

$ 412,776

Direct

Vehicle Registration impacts

$ 406,896

Indirect

$10,992,933

226

Induced

$ 6,036,759

440

Total Funding Loss

$5,599,023*

TOTAL

$99,550,787

1,847

*Does not include Insurance Premium tax, Unemployment taxes, workers

compensation, property taxes and other revenue streams to state and local
government. Hobbs, Ong & Associates Economic Impact Report, March 2015

Ubers Financial Commitment to Nevada?

No business taxes
No property taxes
No sales and use taxes
No Workers Compensation or Unemployment payments
No support for education
No support for essential services
TNCs expect to reap big profits, which get collected out
of state, and take advantage of state and local resources,
contributing little in return.

Uber and Job Creation?

Uber offers part-time jobs with
No guaranteed wage
No health benefits
No retirement
No vacation or sick pay
No advancement
No future

Hobbs, Ong & Associates economic impact report, March 2015

Do the Math
Uber boasts that its drivers can
earn up to $50,000 per year. That

Your Earnings

$4,000

averages to about $4000 gross

income per month. But Uber drivers
are responsible for all costs, and the
net income tells a different story.
Uber 20% Deduction (-$800)

$3,200

Car Insurance (-$250)

$2,950

Car Payment (-$350)

$2,600

Car Depreciation (-$300)

$2,300

Fuel and Maintenance (-$400)

$1,900

Social Security and Medicare (-$300)

$1,580

Drivers may wind up making less than $10 per hour before
taxes with no health benefits, no vacation or sick pay, no
workmans comp and no unemployment insurance

By calling workers independent contractors, companies hope to divest themselves of their legal
responsibilities as employers . . . turning the Internet into the equivalent of a street corner hiring
site and turning workers into day laborers.
Rebecca Smith

deputy director of the National Employment Law Project