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On February 1, 2023, as part of her Executive Budget proposal to the New York State Legislature, Governor Kathy Hochul proposed raising the MTA payroll tax, a move projected to increase revenue by $800 million, and also giving the MTA some of the money from casinos expected at present to be licensed soon for business in Manhattan. [155]
Measure M, passed in November 2016, extends and increases the Measure R 30-year half-cent sales tax to a permanent one-cent sales tax. This tax is expected to fund $120 billion in highway and transit projects over 40 years. [40] The tax is also expected to support over 778,000 jobs in the Los Angeles area and $79.3 billion in economic output. [41]
The New York City Transit Authority (also known as NYCTA, the TA, [2] or simply Transit, [3] and branded as MTA New York City Transit) is a public-benefit corporation in the U.S. state of New York that operates public transportation in New York City. Part of the Metropolitan Transportation Authority, the busiest and largest transit system in ...
Getting a refund may become easier as the MTA launched a new online claim form on it’s eFix web site, the New York Post reported. Claims are accepted for 30-day unlimited MetroCards and seven ...
The MTA tax rate is .0034 or .34%, meaning that small businesses pay $3.40 for every $1,000 of payroll. So, if your annual payroll is $100,000, you only end up paying an extra $340 worth of tax ...
The MTA tax was ruled unconstitutional - how you claim your refund. Scott E. Hunzinger, CPA , Neighbor Posted Fri, Oct 26, 2012 at 3:56 pm ET | Updated Sat, Oct 27, 2012 at 3:55 am ET
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