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Cuomo also wants to force the city to fully fund the New York City Transit Authority's "capital needs," which add up to $16.7 billion in that MTA plan.
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 CITY — New Yorkers' Netflix subscriptions could get more expensive to keep their MTA swipes at $2.75, according to a new report.
The MTA tax rate is .0034 or .34%, meaning that small businesses pay $3.40 for every $1,000 of payroll.
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, Rockland, Orange, Putnam, and Dutchess counties.
The New York City Transit Authority (trading as MTA New York City Transit) provides bus, subway, and paratransit service throughout New York City.
HUDSON VALLEY, NY — A dramatic drop in ridership during the COVID-19 pandemic has led to a funding shortfall for the Metropolitan Transportation Authority — and could lead to potential fare ...
New York State Assembylman Ken Zebrowski called for action by the state legislature in the wake of an appeals court ruling that the Metropolitan Transit Authority payroll tax is constitutional.
A judge's ruling that the MTA payroll tax is unconstitutional - originating from a 2010 lawsuit brought by numerous Long Island villages, including Locust Valley - is being celebrated by critics ...
Governor Signs MTA Tax Relief in West Hempstead [VIDEO] - Malverne-Lynbrook, NY - Gov. Cuomo holds press conference at Cornwell Avenue School Monday morning.