Council Speaker Christine C. Quinn –
“Governor Paterson’s proposal to increase the MTA payroll tax on New York City employers by nearly 60% is outrageous and simply unfair.
“The additional tax increase on City employers – including businesses, the non-profit sector, and the City government – would suffocate growth and job creation in the City just as we are on the cusp of recovery from worst economic downturn in generations. City employers should not have to pay for forecasting errors by State Dept of Taxation and Finance.
“The transit system benefits not just employers in the City, but also those in the suburban MTA counties where many users of MTA commuter railroads and busses live and work. Those communities will suffer as well if job creation is choked off by an inequitable tax burden on City employers.
“Enough is enough. We urge in the strongest possible terms that the Governor and Legislature reconsider this proposal.” [Learn More]
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