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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.
A complex mix of federal, state, county and city tax dollars as well as bonds and fare box revenue funds Metro. The Metro budget for 2020 is $7.2 billion. Below is the funding breakdown from Metro's fiscal year 2020 budget:
Mineola Mayor Weighs in on MTA Payroll Tax Decision - Mineola, NY - Village has paid about $70,000 in tax that mayor says can be better used elsewhere.
A commuter tax is a tax (generally on either income or wages) levied upon persons who work, but do not live, in a particular jurisdiction. The argument for a commuter tax is that it pays for public services, such as police, fire, and sanitation, received by and beneficial to people who work within the jurisdiction levying the commuter tax.
Tuesday’s ruling of the New York Court of Appeals means businesses within the Metropolitan Transportation Authority region, which includes Rockland County, must still pay the tax.
The Town of Huntington recently filed a claim to recover MTA payroll tax payments and is urging residents to do the same.
Vote on MTA Payroll Tax. On September 16, 2010, The Suffolk County Legislature held a vote on a resolution (I.R. 1875) - Directing the County Attorney to bring an action against New York State regarding the MTA payroll tax.
Partial Rollback Of The MTA Payroll Tax A Beginning - New City, NY - County legislators say Rocklanders have paid $18 million yearly
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 ...
Finding a Solution to the MTA Payroll Tax - Mineola, NY - Sen. Jack Martins calls for independent audit of MTA's finances.