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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...
While the city of New York is barred from charging its own commuter tax, the state of New York does impose an income tax on non-residents that work in the state. In 2009, New York enacted the Metropolitan Commuter Transportation Mobility Tax, a 0.34% levy on payrolls and self-employment earnings in New York City and Nassau, Suffolk, Westchester ...
The rate of .21 percent for New York City’s five boroughs would remain in effect. The estimated savings from the elimination of the MTA Payroll Tax would be $767 million.
NYS Senators Greg Ball and Lee Zeldin presented their plan to phase-out the MTA payroll tax during a press conference in Yorktown on Wednesday. Plamena Pesheva , Patch Staff Posted Thu, Jun...
Rockland Backs Plan In State Senate To Kill MTA Payroll Tax - New City, NY - Rockland estimates the new tax costs county governments and business an extra $18M, without any transit services.
The state Senate has passed legislation to derail the payroll tax put in place last year to rescue the Metropolitan Transportation Authority from a big budget deficit.
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.
Officials Urge State to Uphold MTA Tax Ruling - Mineola, NY - MTA Tax ruled unconstitutional, Nassau and Suffolk politicians ask state attorney general to deny MTA's appeal.
Op-Ed: Sen. Skelos Talks Tax Cap, MTA Payroll Tax - Rockville Centre, NY - Senate Majority Leader talks about strides made in 2011 and the direction he hopes to lead in 2012.
Finding a Solution to the MTA Payroll Tax - Mineola, NY - Sen. Jack Martins calls for independent audit of MTA's finances.