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In 2015, 257 Metro-North Railroad employees made more than $200,000, according to payroll data recently added to the Empire Center for Public Policy’s transparency website, SeeThroughNY.net.
Compare that to 2015, when 10 employees made more than $300,000; and that was down from 2014, when 13 employees topped $300,000 including then-Metro-North President Howard R. Permut (whose annual ...
The IRS has a higher requirement for taxpayers earning over $150,000 — they must submit 90% of taxes owed in the current year or 110% of taxes owed last year to apply the safe harbor rule. The ...
In the US, withholding by employers of tax on wages is required by the federal, most state, and some local governments. Taxes withheld include federal income tax, [3] Social Security and Medicare taxes, [4] state income tax, and certain other levies by a few states. Income tax withheld on wages is based on the amount of wages less an amount for ...
Families ask why. Metro-North agreed to pay $1 million to the engineer operating the train that collided with an SUV at a Valhalla crossing in 2015, killing six in the deadliest accident in the ...
Metro-North also provides local rail service within the New York City boroughs of Manhattan and the Bronx. Metro-North is the descendant of commuter rail services dating back as early as 1832. By 1969, they had all been acquired by Penn Central. MTA acquired all three lines by 1972, but Penn Central continued to operate them under contract.
Tax withholding, also known as tax retention, pay-as-you-earn tax or tax deduction at source, is income tax paid to the government by the payer of the income rather than by the recipient of the income. The tax is thus withheld or deducted from the income due to the recipient. In most jurisdictions, tax withholding applies to employment income.
Salaries and pensions found to have been inflated. William Demarest , Patch Staff Posted Wed, Nov 9, 2011 at 9:49 pm ET | Updated Wed, Nov 9, 2011 at 9:53 pm ET
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.
The MTA set out to find capital funds to make upgrades in the late 1990s, and work has been underway since 2001 to make those necessary upgrades. "The Harmon Yard is the heart of Metro-North's ...