New York state is nearing completion of a 2020 budget deal that's going to result in "congestion tolls" in Manhattan, alongside a "mansion tax" and a ban on single-use plastic bags, according to Bloomberg. State leaders and Governor Andrew Cuomo agreed this week on a spending plan for 2020 that allocates for 2% budget growth for the ninth year in a row. The plan increases spending for education aid and provides tax relief for the middle class, according to the Governor.
Lawmakers will be discussing the budget again Sunday night to try and meet a midnight deadline to pass it. The proposed "congestion tolls" will make New York City the first American city to charge drivers for access. It's projected to raise $1 billion, which will then be used to pay debt service (of course) on the $15 billion in Metropolitan Transportation Authority bonds outstanding.
MTA’s Triborough Bridge and Tunnel Authority has not yet released details on the toll program, which is expected to be implemented after December 2020.
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5 comments:
Yes, provide tax relief for the middle class by taxing them. Good plan. 🤑
Wow they just continue to chase everybody out of New York
Cuomo said of the budget: “From the beginning, I said we will not do a budget that fails to address three major issues that have evaded this state for decades -- the permanent property tax cap, criminal justice reform and an MTA overhaul including Central Business District Tolling. I also said this budget must be done right -- meaning it must be fiscally responsible and protect New York from the federal government’s ongoing economic assault on our state. I am proud to announce that together, we got it done.”
New York State's Democratic leaders have been the ones leading the assault against the state, going back decades and decades. Hillary
Clinton cannot be forgotten as being one of those who perpetuated the problem, while soothing voters with promises and promises, all of which went unfulfilled.
The sad thing is more and more of the progressive liberals are ending up right here in your back yard. If you can get out go. Salisbury will be unrecognizable in 10 years
Got to pay for all the 'freebies' to illegals are given somehow.
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