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When the New York City Transit Authority was created in July 1953, the fare was raised to 15 cents (equivalent to $1.71 in 2023) and a token was issued. [89] In 1970 the fare was raised to 30 cents. [90] This token is 23mm in diameter with a Y cut out, and is known as the "Large Y Cutout".
MTA Payroll Tax Ruled Unconstitutional - Bed-Stuy, NY - The tax imposed in 2009 was never passed legally, according to a State Supreme Court judge.
Eliminating the MTA Payroll Tax - Mineola, NY - Martins-Zeldin sponsored bill would phase out payroll tax by 2014.