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.

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© 2025 Partnership for New York City. All rights reserved.
Follow Us
Contact
One Battery Park Plaza
5th Floor
New York, NY 10004

Receive timely reports and information from the Partnership.

© 2025 Partnership for New York City. All rights reserved.