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No relief from MTA tax

Dec-04-09, 03:24 PM

10 Votes

Blame the recession and blame the state Legislature; just don’t entirely blame the MTA about the payroll tax approved to help pay for its financial bailout.

That was the message delivered last week by Jay Walder, the new CEO of the Metropolitan Transportation Authority.

“I realize this is a difficult tax for people, but the MTA is the most vital service in this region. The MTA doesn’t make these decisions – that is done by the Legislature,” Walder told 230 people Dec. 1 at the Holiday Inn in Fishkill.

In a discussion moderated by Ann Meagher, president of the Greater Southern Dutchess Chamber of Commerce and Jonathan Drapkin, president of Pattern for Progress, Walder – former chief financial officer for the railroad who returned to lead the agency in July – listened to pleas over the disparity of the so-called mobility tax, enacted by the Legislature in April to close the MTA’s financial gap.

The first payment by businesses went out on Nov. 2. There is no sunset clause on the new tax, which is 34 cents of every $100 of payroll. The tax translates to nearly $1.6 billion in annual revenue for the 12-county MTA region.

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