MTA Finances
Fare Hike Is Inevitable……
The big talk of lately in the transit world revolves around the eventual fare hikes that will come our way. Yesterday morning, MTA Chairman Joseph Lhota spoke at a breakfast forum sponsored by Crain’s New York Business. At the forum, he spoke of what us in the know already knew, rising health care & pension [...]
MTA Expanded Statement On Payroll Tax
Just a few minutes ago, the MTA released an expanded statement on yesterday’s ruling by State Supreme Court Judge Bruce Cozzens that the MTA Payroll Tax was unconstitutional. Here is what they had to say: The MTA strongly believes that yesterday’s ruling from Nassau Supreme Court is erroneous. We will vigorously appeal it and we [...]
Judge Finds MTA PayrollTax Unconstitutional
Once again the MTA Payroll Tax is in the news as State Supreme Court Judge Bruce Cozzens found the tax to be unconstitutional. This was a ruling that many counties such as Nassau, Suffolk & Westchester were hoping for when they joined forces along with other towns to file a lawsuit questioning the constitutional grounds [...]
Officals Want MTA Tax Repealed For Colleges
The much maligned MTA Payroll Tax is back in the news again. The tax which was created in 2009 as part of a $2.3 billion state bailout for the transit agency has never been popular with masses. When it first debuted, many businesses & counties themselves rallied against it & even sued questioning the constitutionality [...]
Judge Orders MTA Pay $1.9M For Bus Death
On November 4, 2009, Seth Kahn lost his life after being struck by an MTA Express Bus while crossing the street at Ninth Ave & 53rd St. He met his inevitable demise at the hands of someone who arguably should not have even been on the road. Over 2 years later, a judge has ordered [...]
