Straphangers Will Be Asked to Shoulder MTA’s Growing Debt and Labor Costs

A new report [PDF] from New York State Comptroller Thomas DiNapoli says that the MTA budget picture is slowly improving as tax collections and ridership increase with a recovering economy, but that won’t protect straphangers from big fare hikes.
Revenues from the Payroll Mobility Tax and the more volatile tax on real estate transactions are expected [...]

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