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Another Bad Transit Plan from the State Senate
Posted By Ben Fried On April 21, 2009 @ 1:36 pm In Bridge Tolls,Congestion Pricing,MTA,State Legislature,Transit | 17 Comments
So, just in time for Earth Day, the State Senate has proposed an MTA rescue plan that's bad for both business and the environment. Here's a refresher on the basics : The plan calls for an eight percent hike in transit fares and existing tolls, and a higher payroll tax (85 percent of the non-hike revenue comes from this one source), combined with a smattering of fees on renting and owning cars. Half of the $190 million from a new $1 "drop charge" on cabs won't even help the New Yorkers who pay it, going instead to fund bridge and highway projects outside the city.
Not only will the piecemeal funding approach likely have the MTA begging again within months, but these particular funding streams will make the city's traffic woes even worse, all while forcing New York City businesses and the city's car-free majority to shoulder much of the burden. It's a poor substitute for the Ravitch plan or congestion pricing. Here's why:
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URL to article: http://www.streetsblog.org/2009/04/21/another-bad-transit-plan-from-the-state-senate/
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 the basics: http://www.streetsblog.org/2009/04/20/state-senate-releases-another-mta-funding-plan-without-tolls/
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