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Chief among them is raising the state’s payroll mobility tax from 0.34 percent to 0.5 percent, Hochul said. Doing so will yield $1 billion for the MTA, she said.
The cash-strapped MTA will get $1.1 billion in the budget deal — a bailout that likely will forestall fare hikes. The deal proposes to do this by raising the state's payroll mobility tax...
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.
Legislator: Rockland Should Join Legal Fight to Overturn MTA Tax Businesses hit with payroll tax to support MTA; Rockland gets less in transportation service than it pays for. William...
Employers who provide the benefit as a tax-free fringe benefit (paid by the employer) save on payroll taxes because the employer does not need to include the amount of the fringe benefit in the employee's gross income.
"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 ...
The potential tax would go toward raising the $1 billion the MTA needs to avoid a planned fare hike for subways and buses to $3, the report states.
Legislation introduced by Long Island State Senators Jack Martins and Lee Zeldin which will eliminate the MTA payroll tax has passed the New York State Senate
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.
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. Our Town of Eastchester pays a staggering $1.3 million...