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NEW YORK CITY — New Yorkers' Netflix subscriptions could get more expensive to keep their MTA swipes at $2.75, according to a new report.
Several other entities, including the Metropolitan Transportation Authority (MTA), the Partnership for New York City, and the New York League of Conservation Voters, supported the proposed congestion pricing.
Under the proposal, the MTA could collect new property taxes in those districts to fund projects worth $100 million or more in what's known as a "value capture" program.
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.
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...
HUDSON VALLEY, NY — A dramatic drop in ridership during the COVID-19 pandemic has led to a funding shortfall for the Metropolitan Transportation Authority — and could lead to potential fare...
Below are the fares charged for single boardings on the transit lines and predecessors of the New York City Transit Authority (NYCTA). Different combinations of transfer privileges and the abolition of double fares to the Rockaways have altered these fares from time to time.
Legislator: Rockland Should Join Legal Fight to Overturn MTA Tax Businesses hit with payroll tax to support MTA; Rockland gets less in transportation service than it pays for. William...
People who live inside the congestion zone itself and make less than $60,000 will get a tax rebate for what they pay in tolls. But many other groups want exemptions, including taxi drivers ...
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 9 ...