Recent Streetsblog NYC posts about Transit Funding

Opinion: Feds Must Give Transit the Support (And Flexibility) It Needs Right Now

By Greg Regan | May 30, 2023 | No Comments

Budget shortfalls coupled with inflation and rising transit operating costs, threaten to cause the “transit death spiral.” We must not let that happen.

Albany’s Fealty to Suburbs Hurts Black, Latino Workers: Report

By Dave Colon | May 19, 2023 | No Comments

The capitulation to the suburbs by the governor and by state legislative leaders means that Black, Hispanic and Asian workers of all income employed by those businesses will shoulder an unequal share of the new tax, according to a new analysis by the Fiscal Policy Institute, a nonpartisan think tank.

It's raining money for lower-income drivers who enter the congestion zone more than 10 times a month.

MTA Will Offer Congestion Pricing Discounts For Low-Income ‘Frequent Drivers’

By Dave Colon | May 9, 2023 | No Comments

Only about 14 percent of car commuters into Manhattan below 60th Street have incomes that meet the discount threshold vs. 79 percent of lower-income commuters who use transit, so maybe this is not such a big deal.

Assembly Member Robert Carroll (inset) wants the suburbs to pay their fair share for the regional transit network from which we all benefit.

Assembly Member Carroll: When It Comes to Transit, Everyone Must Pay Their Fair Share

By Assembly Member Robert Carroll | Apr 28, 2023 | No Comments

"Absent a true commitment to this broader vision, the least we can do is have everyone — the city and suburbs alike — pay their fair share to staunch the bleeding," the Park Slope lawmaker says.

Suburban fatcats are getting themselves a free ride on MTA operating funding according to analysts and state legislators.

Payroll Tax Hike to Save MTA May Completely Exclude New York’s Transit-Rich Suburbs

By Dave Colon | Apr 26, 2023 | No Comments

New York City may be forced to saddle the entirety of a proposed MTA-saving tax hike without any help from the suburbs — costing the region's transit system $200 million per year, according to a new analysis.

They're still waiting. Photo: Dave Colon

Hike Corporate and Payroll Taxes to Fund MTA, Think Tank Says

By Dave Colon | Apr 3, 2023 | No Comments

Increasing the payroll mobility tax plus raising the tax on corporate profits is a fair mix, said the Fiscal Policy Institute.

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