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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]
To fill the gap of $1 billion a year that would have been raised by congestion pricing, the Governor proposed increasing the MTA payroll mobility tax on certain New York City businesses. Her proposal would have increased the tax on businesses with payroll expenses of more than $1.75 million a year from 0.6 percent of expenses to 0.825 percent ...
Just under two months after a State Supreme Court judge ruled that the Metropolitan Transportation Authority's payroll tax was unconstitutional, the MTA announced multiple proposed fare hikes that ...
Chief among them is raising the state’s payroll mobility tax from 0.34 percent to 0.5 percent, Hochul said. Doing so will yield $1 billion for the MTA, she said.
"That’s why we fought so hard to successfully exempt our counties from this year’s increase in the MTA payroll tax; that’s why we successfully pushed for the largest west-of-Hudson MTA ...
This tax, known popularly as the "mobility tax", or the "MTA tax", is intended to provide funds for the Metropolitan Transportation Authority, which transports many of the region's commuters. Philadelphia has a 3.924% wage tax on residents and a 3.495% tax on non-residents for wages earned in the city as of August 2013.
Less than two months after a State Supreme Court judge ruled that the Metropolitan Transportation Authority's (MTA) payroll tax was unconstitutional, the MTA announced Monday multiple proposed ...
Sen. Kemp Hannon scorns the MTA and urges residents to act before the MTA takes more of their tax dollars. Michael Ganci , Patch Staff Posted Tue, Sep 7, 2010 at 3:32 pm ET | Updated Mon, Sep 27 ...