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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.
"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 ...
At the same time, the tax would be reduced for New York City’s five boroughs to .28 percent on January 1, 2013; then .21 percent on January 1, 2014.
Local municipalities pay both an MTA Platform Tax and an MTA Payroll Tax to the State of New York via our Town and County taxes. ... The effect is automatic and mandatory pay increases where a ...
Ball Announces Plan to Phase-Out MTA Payroll Tax - Yorktown-Somers, NY - NYS Senators Greg Ball and Lee Zeldin presented their plan to phase-out the MTA payroll tax during a press conference in ...
Graf: MTA Payroll Tax Deduction Increases Job Creation - Sachem, NY - Assemblyman was joined by other area pols with Gov. Cuomo as reduction of payroll tax was announced this week.
The ruled the MTA Payroll Tax that drained $1.4 billion from New York’s downstate economy . Unfortunately, NYC-based interests are already working to overturn the ruling so I want to share some ...
Assemblymen Push to Eliminate MTA Payroll Tax From NCC - Garden City, NY - Move would save Nassau Community College more than $400,000 each year, according to Joseph Saladino.
Reiterating Call For Full Repeal of MTA Payroll Tax - New Hyde Park, NY - Assemblyman Ed Ra writes about state supreme court ruling.