Research
Are More Taxes the Answer?
February 1, 2018
Overview
New York Metro is the highest taxed global commercial center in the world, and taxpayers are fed up with MTA cost overruns, inefficiencies, and a bureaucratic response to crises.
$5B
The MTA receives over $5 billion in dedicated tax revenues.
$14.3B
The loss of state and local tax deductibility have added $14.3 billion to that tax burden of New York metro residents.