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New York City Transit — the MTA branch responsible for the city subways and buses — spent $119 million more on overtime last year as its workers' average pay increased to $84,265 from $79,916 ...
Under the U.S. Internal Revenue Code section 132 (a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income in calculating federal income tax. The qualified transportation benefits are transit passes, vanpooling, bicycling, and parking ...
Traffic & Transit 43 LIRR Workers Made Over $250K In 2020: New Payroll Data Nineteen LIRR workers made at least $300,000 in 2020, according to the payroll data from the Empire Center for Public ...
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 ...
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]
In 2015, 257 Metro-North Railroad employees made more than $200,000, according to payroll data recently added to the Empire Center for Public Policy’s transparency website, SeeThroughNY.net.
The ruled the MTA Payroll Tax that drained $1.4 billion from New York’s downstate economy . Unfortunately, NYC-based interests are already working to overturn the ruling so I want to share some ...
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.