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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.
MTA officials had publicly stated in mid-2021 that the agency was earning enough from state taxes to pay for its capital upgrades and that it did not need congestion pricing funds for its 2020–2024 Capital Program.
People who live in the toll zone and make less than $60,000 will get a state tax credit for the tolls they pay.
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...
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.
A majority of the MTA board voted in favor of New York City congestion pricing, green-lighting the controversial plan to charge cars $15 to enter Manhattan.
MTA Tax ruled unconstitutional, Nassau and Suffolk politicians ask state attorney general to deny MTA's appeal. Geoffrey Walter , Patch Staff Posted Thu, Aug 23, 2012 at 5:32 pm ET |...
MTA tax ruled "unconstitutional," Nassau and Suffolk politicians ask state attorney general to deny MTA's appeal. Geoffrey Walter , Patch Staff Posted Thu, Aug 23, 2012 at 7:22 pm ET |...
The Town of Huntington recently filed a claim to recover MTA payroll tax payments and is urging residents to do the same.
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...