New York, NY – Drivers would pay to cross the East River like the Brooklyn and Williamsburg bridges and New York City-area companies would be taxed on their payrolls under a new plan to staunch financial bleeding at the Metropolitan Transportation Authority.
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But transit riders would be spared a potential 23 percent fare increase. A state commission’s proposal, released today, calls for boosting MTA fare revenue by 8 percent instead.
The MTA needs to close an estimated $1.4 billion deficit in its operating budget next year and a $3 billion deficit by 2012. The agency is legally required to balance its budget.
Under the state commission’s plan, companies in a 12-county area would pay $330 in tax for every $100,000 they pay workers.
Blumberg again? He does not stop!
And I am sure these geniouses didn’t consider the inflation that will occur for workers and contractors etc. to recover the cost increase.
And how it will chase more companies to move workers to NJ, PA, CT, or GA.
Dummies
Brilliant idea but when they have a surplus are they going to stop taking tolls? No they will spend like crazy again by the next crisis they will tax you again so all geniuses who think its a good idea the only way you can sustain this system is CUT SPENDING
how about NYC is asking companies to outsource… i just heard of some heimishe companies looking to outsource to the Dominican or India
talk about saving jobs or working with the public!!!
The city should fire all the MTA top heavy bureaucrats – that would probably save $1Billion a year for starters. Then they should employ a yiddishe kop to run an efficient organization & service.
if we are striving for job creation why are taxing business more pay roll taxes time for heads to roll at the mta
Lets start a call in to every Assemblyman and State Senetor in our neighborhood tand say we are against these tolls and tax.
MTA is a State agency. Lets start ringing.
ha,ha…. we r going to pay tolls for the lower east river crossings anyway, and we’re not going to get the few 100 million $ that bloomberg could’ve gotten from washington last year………
now I’m starting to see the true collors of State Elected Officials. When Bloomberg wanted Congestion Pricing and get Millions from the Feds State Officials told Bloomberg NO WAY. Now that the MTA that is a State agency wants to tax us for crossing into the City and we City people won’t get a penny from this new tax, I don’t see any out cry from our State Elected Officials.
What a SHAME this is true politics, now that we our after the election these Politicians have no shame to go against what they said during the elections.
Bloombergs plan was much better then this, cause if I would drive with the FDR and not get off I wouldn’t pay the tax.
Shame on you all State Elected Officials