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In June 1995, the Board of Directors reinstated the sales and use tax to the full one percent effective October 1, 1995, promising to set aside the additional revenue for funding light rail. [46] CapMetro, after raising its sale tax from 0.75 percent to 1 percent in 1995, had stockpiled $176 million by the 2000 referendum.
For example, with a pay-per-ride fare of $2.75 and a weekly unlimited MetroCard cost of $33 (as of October 2021), a passenger would still pay $2.75 per trip if they made 12 or fewer trips in a week; under the proposal, they would pay no more than $33 within a week, even if they made 13 or more trips. [157]
Under a deferred prosecution agreement, KPMG LLP admitted criminal wrongdoing in creating fraudulent tax shelters to help wealthy clients dodge $2.5 billion in taxes and agreed to pay $456 million in penalties. KPMG LLP will not face criminal prosecution as long as it complies with the terms of its agreement with the government.
The tax rate and cap vary by jurisdiction and by employer's industry and experience rating. For 2009, the typical maximum tax per employee was under $1,000. [71] Some states also impose unemployment, disability insurance, or similar taxes on employees. [72]
LONG ISLAND, NY — A total of 43 LIRR employees earned more than $250,000 in 2020, according to payroll data released by the Empire Center for Public Policy. Of those, 19 workers topped $300,000 ...
All other taxes are commonly referred to as "indirect taxes", because they tax an event, rather than a person or property per se. [73] What seemed to be a straightforward limitation on the power of the legislature based on the subject of the tax proved inexact and unclear when applied to an income tax, which can be arguably viewed either as a ...
Nobody likes to pay taxes, but Manalapan Township is trying to make the whole experience easier by allowing property taxes to be able to be viewed and paid on-line 24 hours a day and 7 days a week.
Apple Pay The addition of Apple Pay to the MTA eTix app for Metro-North and Long Island Rail Road provides a convenient option that eliminates the need to type in any credit card numbers, billing ...