ALBANY, NY | April 26, 2023 — 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.
“While some legislators have proposed an exemption for the suburban counties in the MTA region, these suburban economies largely depend upon the economy of New York City — which itself depends upon the functioning of the MTA. Moreover, exempting suburban counties from the small increase would unfairly shift operating costs of the Long Island Rail Road and the Metro-North Railroad onto New York City,” said Fiscal Policy Institute Senior Policy Analyst Andrew Perry. “Given their deep economic ties to the regional economy and benefit from the MTA, suburban counties should be fully included in the tax — both to cover the costs of the commuter transit lines, as well as to maintain service and investment across the system.”