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2017–2021: transit crisis. In 2017, New York governor Andrew Cuomo declared a state of emergency for the MTA due to various incidents involving the NYCTA's subway and bus systems. At the time, only 65 percent of weekday trains reached their destinations on time, the lowest rate since a transit crisis in the 1970s.
The Metropolitan Transportation Authority (MTA) provides local and express bus, subway, and commuter rail service in Greater New York, and operates multiple toll bridges and tunnels in New York City. Overview
An employer in the United States may provide transportation benefits to their employees that are tax free up to a certain limit. 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 ...
The rate of .21 percent for New York City’s five boroughs would remain in effect. The estimated savings from the elimination of the MTA Payroll Tax would be $767 million.
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.
The New York City Transit Authority operates 24 rail yards for the New York City Subway system and one for the Staten Island Railway. There are 10 active A Division yards and 11 active B Division yards, two of which are shared between divisions for storage and car washing.
New York State Senator David Carlucci (D-New City) visited Adam Lipson at the office of his Pearl River business to discuss the benefit of the reduction in the MTA Payroll Tax.
In 2009, New York enacted the Metropolitan Commuter Transportation Mobility Tax, a 0.34% levy on payrolls and self-employment earnings in New York City and Nassau, Suffolk, Westchester, Rockland, Orange, Putnam, and Dutchess counties.
The Town of Huntington recently filed a claim to recover MTA payroll tax payments and is urging residents to do the same.