FPI’s Fiscal Year 2026 Enacted Budget Briefing
FPI presented a briefing on the New York State budget for fiscal year 2026.
Exempting Suburbs from Payroll Mobility Tax Would Cost MTA $200 Million
As the legislature currently contemplates a Payroll Mobility Tax (PMT) increase from 0.34 percent to 0.5 percent to fund the MTA, the Fiscal Policy Institute today released a new report, Who Should Pay the Payroll Mobility Tax? The Case Against Excluding Suburban Counties.