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They rallied in front of the Taxi and Limousine Commission's office Wednesday, seven years since the last hike went into effect.

Under the latest proposal, the per-mile metered rate would rise from $2 to $2.50.

The wait time would jump from 40 cents per minute to 50 cents.

The alliance says while fares have stayed the same over the past few years, gas prices have shot through the roof.

"2004 incomes paying for 2011 expenses is going to take anybody deeper into poverty, especially when you already earn below minimum wage," said Bhairavi Desai of the Taxi Workers Alliance.

"The money we are earning is not the money we can afford our family, children, school and education," said Mohammad Sultan, an alliance member.

TLC Chairman David Yassky said he will consider the proposal.