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ALBANY, N.Y. (AP) — On Wednesday, Gov. Kathy Hochul enraged environmentalists and public transit advocates — but delighted suburban commuters — by putting the brakes on a plan to battle New ...
According to numerous sources, Hochul is now trying to pressure the state legislature to increase taxes on businesses – even though there are 24 hours left of the legislative year.
A potential payroll tax increase is part of a potential longterm fix that Hochul proposed for the MTA’s perilous financial position. ... Chief among them is raising the state’s payroll ...
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 $16 minimum wage, with more increases to come New York City's minimum wage will raise to $16 starting in 2024, Hochul said. It'll then go up by 50 cents each for the next two years, until it ...
"That’s why we fought so hard to successfully exempt our counties from this year’s increase in the MTA payroll tax; that’s why we successfully pushed for the largest west-of-Hudson MTA ...
Tax-free commuter benefits, also known as qualified transportation fringes, are employer provided voluntary benefit programs that allow employees to reduce their monthly commuting expenses for transit, vanpooling, bicycling, and work-related parking costs. The benefit is a federal tax benefit authorized under the Internal Revenue Code Section ...
In July 2010, Mangano announced that Nassau County had filed a lawsuit against the State of New York and the Metropolitan Transportation Authority (MTA) challenging the legality of the 0.34% Metropolitan Commuter Transportation Mobility Tax, a payroll tax levied on employers in the 12-county area served by the MTA.