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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.
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 ...
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...
New York State enacted a payroll tax to help fund the agency. The tax charges all employers within the area serviced by the MTA 34 cents for every $100 of payroll. Nassau recently filed a...
MTA Chief's Exit Yields New Calls for Audit, Repeal of Payroll Tax - Pleasantville-Briarcliff Manor, NY - The announcement that MTA Chairman Jay Walder will step down in October has spurred...
May 21, 2024 at 7:38 AM. NEW YORK CITY - The MTA held a meeting on Monday regarding the rollout of OMNY, the new payment system for the NYC transit agency that will eventually replace MetroCards...
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...
NYS Senators Greg Ball and Lee Zeldin presented their plan to phase-out the MTA payroll tax during a press conference in Yorktown on Wednesday. Plamena Pesheva , Patch Staff Posted Thu, Jun 9 ...
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.