Senate Passes MTA Payroll Tax Repeal and Forensic Audit of MTA Finances

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Asc_headshot-red Statements from Senator Stewart-Cousins in Support

ALBANY, NY — The New York State Senate passed legislation last night to repeal the MTA Payroll Tax. The bill redirects four existing revenue streams into the MTA’s operating budget to mitigate the short term financial impact of the payroll tax repeal. It does not raise or create any new taxes or fees. Senator Andrea Stewart-Cousins (D/I/WF- 35th District), who voted for the repeal, released the following statement: 

"It’s no secret that businesses are struggling – just like governments, nonprofits and everyday New Yorkers. Repealing the MTA Payroll Tax is a critical step toward ensuring businesses stay in New York, create jobs and help get our economy back on the right track." 

The Senate also passed legislation last night requiring a full independent forensic audit of the MTA’s operating expenses.

Senator Stewart-Cousins released this statement in support: “We cannot allow a quasi-government agency to continue to operate with little accountability, especially when they depend on taxpayer dollars. That’s why I supported the independent forensic audit of the MTA's books, because New Yorkers deserve to know how their tax dollars are being spent. This is also an opportunity for the MTA to find savings within their balance sheets, and improve their much-criticized financial practices.”

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eHeziSenate Passes MTA Payroll Tax Repeal and Forensic Audit of MTA Finances

Comments 5

  1. And the first area that needs to be investigated in overtime. This weekend on both the Metro North and the subway there are construction projects with so many just hanging around it’s amazing to watch, except that we are paying higher fares for a;; the largesse.
    Next thing to look for is vehicles. For a train system I have never seen so many vehicles in my life. It’s time to trim and herd and get rid of most of this nonsense.

  2. Wow! Cousins actually released a statement? I can’t believe this! She actually did some work? Who would have thought!

  3. How about a forensic audit of the Yonkers Board of Education??
    I would like to see how and where taxpayer money is allocated. Expecially since Yonkers is one of the lowest performing schools in the State. $22,000. to 24,000. per pupil is waaaay too much to spend with no results.
    So send those auditors this way and clear up the mystery.

  4. HOW ABOUT GETTING RID OF SOME OF THOSE $100,000 CONDUCTORS ON THE METRO NORTH? THAT JOB, IS A TOTAL WASTE OF MONEY AND IS NOT PRODUCTIVE. WHILE YOUR AT IT GET COMPUTERS TO DRIVE THE TRAINS LIKE THEY DO IN EVERY OTHER MODERN COUNTRY. OOPS EXCUSE ME, WE ARE STILLL LIVING IN THE 1950’S, HOW COULD I FORGET.

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