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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.
NEW YORK, NY — Top aides to Mayor Bill de Blasio on Tuesday slammed Gov. Andrew Cuomo's plan to create special property-tax districts near big subway projects, saying it would empower...
Posted Fri, Mar 24, 2023 at 9:47 am ET. An MTA swipe could stay $2.75 if lawmakers pass a tax on streaming services such as Netflix, according to a new report. (Shutterstock) NEW YORK CITY...
This disincentivizing fee, intended to cut down on traffic congestion and pollution, was first proposed in 2007 and included in the 2019 New York state government budget by the New York State Legislature. As of April 2024, congestion pricing is scheduled to be implemented on June 30, 2024.
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 worth of...
While the city of New York is barred from charging its own commuter tax, the state of New York does impose an income tax on non-residents that work in the state. In 2009, New York enacted the Metropolitan Commuter Transportation Mobility Tax, a 0.34% levy on payrolls and self-employment earnings in New York City and Nassau, Suffolk, Westchester ...
Officials Urge State to Uphold MTA Tax Ruling - Garden City, NY - MTA tax ruled "unconstitutional," Nassau and Suffolk politicians ask state attorney general to deny MTA's appeal.
The New York City Transit Authority (also known as NYCTA, the TA, or simply Transit, and branded as MTA New York City Transit) is a public-benefit corporation in the U.S. state of New York that operates public transportation in New York City.
Officials Urge State Not to Appeal MTA Tax Ruling - Northport, NY - Tax ruled unconstitutional; Nassau and Suffolk politicians ask state attorney general to refuse appeal.
Romaine, Panico Introduce Legislation to Reclaim MTA Tax Payments - Riverhead, NY - The tax has cost Suffolk County taxpayers $3 million per year.