Monday, November 17, 2008

NYC Pushing Again for Commuter Tax

From News Daily:

Mayor Michael Bloomberg's budget director told a City Council finance hearing Monday that he and the mayor are eager to lobby again for the tax in Albany, particularly in tough economic times for both the state and city.

Republican state lawmakers recently said they oppose any attempt to revive the tax, but a newly Democratic-controlled state Senate might mean the proposal gets another chance in January.

Commuters who live outside New York City had the tax on their city earnings for 33 years.

It generated as much as $360 million a year for the city before it was eliminated in 1999.

Blog Archive