There’s another bailout plan being floated to try to solve the Metropolitan Transportation Authority’s cash crunch.
You may be paying a dollar more per cab ride.
But under the latest MTA bailout plan, there are no new tolls on bridges.
On Monday night, the Senate’s Democratic majority proposed the new bailout for New York City’s transit system. Some type of bailout is needed to avoid a 23 percent increase in bus and subway fares.
“The total pot of money will prevent those fare hikes and closings,” Gov. David Paterson said in his weekly address.
The newest plan would add a tax on taxis — $1 per trip. It would add a payroll tax of 34 cents per $100, with employers having to foot the bill. In addition, registering a motor vehicle would cost $25 more and every time you rent a car, expect to pay 5 percent more in taxes.
All of this would come on top of rates expected to be increased.
The newest plan would cut the planned increase in subway and bus fares by about two-thirds. Even with that riders would still face a fare increase of about 8 percent.
(Source: WCBSTV)
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2 Responses
yaaay this is the best idea so far. I never take taxis when im in NY just buses or subways or walking. so if you want the luxury u should pay more
Dont worry they will soon have a “couch tax” any change found in your couch you’ll be taxed on. followed by an actual “couch tax” where they charge you for sitting on the couch. This will be part of Bloombergs push to make NYers healthier.