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To fill the gap of $1 billion a year that would have been raised by congestion pricing, the Governor proposed increasing the MTA payroll mobility tax on certain New York City businesses. Her proposal would have increased the tax on businesses with payroll expenses of more than $1.75 million a year from 0.6 percent of expenses to 0.825 percent ...
This tax, known popularly as the "mobility tax", or the "MTA tax", is intended to provide funds for the Metropolitan Transportation Authority, which transports many of the region's commuters. Philadelphia has a 3.924% wage tax on residents and a 3.495% tax on non-residents for wages earned in the city as of August 2013.
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. [155]
Hofstein said it reminds him of the “metropolitan commuter transportation mobility tax,” a 2009 payroll tax put in place on employers and the self-employed not only in NYC, but Long Island and ...
Businesses hit with payroll tax to support MTA; Rockland gets less in transportation service than it pays for. William Demarest , Patch Staff Posted Tue, Aug 10, 2010 at 9:45 am ET | Updated Tue ...
“Remember, payroll mobility taxes are actually taxes on the workers. It's not a corporate tax, it's a tax on the workers,” said Kruger, adding “I believe the governor did misjudge this ...
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 Metropolitan Transportation Authority says it is going to fight a Wednesday state court decision that ruled the enacted to bolster the agency's budget is unconstitutional.
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