The "Taxi" gang falls prey to hilarious fear for homeless Elaine's romantic well-being when chivalrous Bobby allows her to live in his apartment while he is gone. Unexpectedly, he returns before she has found other quarters.

Bobby's vicious letter to a hated critic is salvaged from the wastebasket and sent to the newspaper by a gleeful Louie, setting the stage for a wild and comical night when the critic, and the cabbies, decide to take in Bobby's one man play.