New Yorkers to face new taxes as MTA confronts $33 billion …

6 days ago  · New York lawmakers returned to Albany Wednesday faced with the daunting task of finding more cash for the MTA. New taxes and fees are needed to fill a $33 billion budget shortfall, and it's not ...


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New Yorkers To Face New Taxes As MTA Confronts $33 Billion …

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6 days ago  · New York lawmakers returned to Albany Wednesday faced with the daunting task of finding more cash for the MTA. New taxes and fees are needed to fill a $33 billion budget shortfall, and it's not ...

cbsnews.com

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MTA Eyes New Taxes, Fees To Plug $33B Budget Hole - New York Post

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Jan 6, 2025  · Hochul’s remarks seem to ignore the fact that her and lawmakers need to find new revenue streams to patch a $33 billion hole for the MTA’s next five-year capital plan.

nypost.com

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New Yorkers May Need To Brace For More Taxes In 2025 - Kiplinger

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23 hours ago  · A $33 billion budget shortfall for the MTA could drive state lawmakers to up taxes or fees as they seek revenue.

kiplinger.com

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New York Lawmakers Could Increase Taxes For MTA Funding: 'Gross ...

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6 days ago  · NY lawmakers could increase taxes for MTA funding Lawmakers in Albany are considering raising taxes and fees to help fill in the MTA's $33 billion budget gap. FOX 5 NY's …

fox5ny.com

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Mobility Tax, Other Fees To Prop Up Flailing MTA Even After …

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Jan 8, 2025  · Gov. Kathy Hochul is considering hiking a dreaded tax on businesses to prop up the flailing Metropolitan Transportation Authority in a scramble to fill a whopping $33-billion budget …

nypost.com

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New York City's MTA Faces $33 Billion Budget Shortfall, Albany

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6 days ago  · MTA faces a $33 billion shortfall, with lawmakers considering new taxes despite congestion pricing. Resistance comes from businesses and demands for MTA efficiency …

hoodline.com

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MTA's $33 Billion Shortfall Means New Taxes For New Yorkers - Yahoo

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6 days ago  · New York lawmakers returned to Albany Wednesday faced with the daunting task of finding more cash for the MTA. New taxes and fees are needed to fill a $33 billion budget …

yahoo.com

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New York Stock Transfer Tax Proposal Would Raise Money For MTA

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1 day ago  · New York Senate Democrats are renewing a fight to resurrect the state tax on stock trades, as lawmakers scrounge for new sources of revenue to fill a $33 billion deficit in the …

bloombergtax.com

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5 Things To Watch As NYS Lawmakers Kick Off 2025 — And More …

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Albany pols championing affordability are grappling with how to raise $33 billion in revenue for the MTA’s $68 billion five-year capital plan – a predicament that is almost certain to result ...

msn.com

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GOP Pols Push MTA Boss To Resign After Brushing Off ... - New …

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6 days ago  · The state is grappling with the MTA’s proposed $68 billion five-year capital plan. The agency approved the plan last fall even though it remains to be seen how $33 billion will be …

nypost.com

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NY Lawmakers Could Increase Taxes For MTA Funding - FOX 5 New …

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6 days ago  · NY lawmakers could increase taxes for MTA funding Lawmakers in Albany are considering raising taxes and fees to help fill in the MTA's $33 billion budget gap. FOX 5 NY's …

fox5ny.com

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The MTA’s Capital Plan Held At The Station As Major Funding Gap …

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2 hours ago  · The $68.4 billion capital improvement plan, even with congestion pricing starting up in the new year, was still short by about $33 billion.

commercialobserver.com

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MTA Is Far More Broke Than Previously Expected, State ... - Gothamist

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Oct 23, 2024  · The financial troubles identified in the report come as MTA officials prepare to ask state lawmakers for new revenue streams to pay for at least $33 billion worth of transit repairs …

gothamist.com

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MTA’s Bold Move New Taxes And Fees To Fill $33B Gap After …

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Jan 7, 2025  · Governor Kathy Hochul has expressed her full backing for the MTA’s proposed $68 billion five-year capital plan, yet she has not outlined how she plans to cover the $33 billion …

jurnaltime.com

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MTA Eyes New Taxes, Charges To Plug $33B Funds Gap — Even After …

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Jan 6, 2025  · Gov. Kathy Hochul and lawmakers are anticipated to weigh extra taxes and charges to fill a large $33 billion gap within the Metropolitan Transportation Authority’s funds even after …

techradheradhe.com

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The MTA's Funding Fight Has New Urgency After Trump Election

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Nov 12, 2024  · That plan would require $33 billion of new funding. MTA Chair Janno Lieber has said he trusts the state legislature to deliver the funds for the state-of-good-repair-centric …

bondbuyer.com

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NY State Unveils NEW Taxes To Tackle MTA's $33 Billion Crisis!

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In this eye-opening video, we dive deep into NY State's latest financial strategy to tackle the Metropolitan Transportation Authority's staggering $33 billion crisis.

youtube.com

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New Yorkers Face New Taxes As MTA Faces $33 Billion Deficit, Even …

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Jan 8, 2025  · NEW YORK – New York lawmakers returned to Albany on Wednesday, faced with the daunting task of finding more money for the MTA. New taxes and fees are needed to fill …

thebharatexpressnews.com

FAQs about New Yorkers to face new taxes as MTA confronts $33 billion … Coupon?

Will New York lawmakers find more cash for the MTA?

New York lawmakers returned to Albany Wednesday faced with the daunting task of finding more cash for the MTA. New taxes and fees are needed to fill a $33 billion budget shortfall, and it's not coming from congestion pricing. CBS News New York's Marcia Kramer reports. 32,026 people played the daily Crossword recently. ...

Why is the MTA grifting NYC taxpayers into subsidizing their whims?

“Governor Hochul has gifted the MTA free reign to grift NYC taxpayers into subsidizing their every irresponsible whim because, to them, New Yorkers are nothing but piggy banks to cushion a malfunctioning agency every time it inevitably falls in a financial hole,” Councilwoman Inna Vernikov told The Post. ...

Is the MTA desperate for a $68 billion capital plan?

It's not as crazy as you may think The MTA is desperate for an infusion of cash to fuel a Hochul-backed $68 billion capital plan and how to do that is front-and-center in the minds as state lawmakers return to Albany this week but sources said it’s possible the list of new fees and taxes may be decided in closed-door negotiations. ...

How much money does the MTA need to float its capital plan?

But the cash-strapped MTA needs a massive infusion of cash to float its huge five-year capital plan totaling $68 billion, with even the governor’s budget director admitting fees and taxes will likely be part of the solution. ...

Will fees and taxes feed the MTA's Capital spending?

Hochul’s budget director has admitted fees and taxes will be needed to feed the MTA’s massive capital spending and that remains the reality despite the Sunday launch of the governor’s new hated — but cash-generating — $9 congestion toll. Hochul’s budget director admitted that fees and taxes will be needed to feed the MTA’s capital spending. ...

Will MTA plug $33B budget hole?

MTA eyes new taxes, fees to plug $33B budget hole -- even after NYC's $9 congestion toll! MTA eyes new taxes, fees to plug $33B budget hole — even after NYC’s $9 congestion toll! ...

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