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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...
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.
Martins Reacts as MTA Payroll Tax Ruled Unconstitutional - Mineola, NY - Sen. Jack Martins joins other officials in celebrating state supreme court ruling.
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 state Senate has passed legislation to derail the payroll tax put in place last year to rescue the Metropolitan Transportation Authority from a big budget deficit.
Reiterating Call For Full Repeal of MTA Payroll Tax - New Hyde Park, NY - Assemblyman Ed Ra writes about state supreme court ruling.
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.
The resolution passed with strong bipartisan support with 17 votes in favor and a single vote to oppose, which was cast by Legislator Monatano. The lawsuit ultimately succeeded when Justice R. Bruce Cozzens ruled in favor of the County by declaring the New York City MTA's $1.2 payroll tax unconstitutional. See also
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.
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 ...