Amid the proposed Executive Budget for New York State and the region's economic woes, the proposals of the Ravitch Report have not been getting much attention.
What lawmaker will dare propose a new tax on commutation?
This is not going over too well, with anyone.
It would raise $1.5 billion a year, while fares on subways, buses and sububan trains would still rise.
"At first, it would be used to keep down fare increases, which otherwise could rise as high as 29 percent on most Metro-North rides while a subway fare could increase to $3 from $2. With measures such as the payroll tax and new tolls on the four free East River bridges, the fare increases would be about 8 percent, Ravitch's commission projected."
Ravitch suggested that such a regional authority could take over the costs of busing in the counties surrounding New York City.
Here is the full report made by Richard Ravitch to New York State Governor David Paterson.
You politicians, tell the MTA and other state employees to pay for their own retirement plans like I do. Why are you increasing taxes just because you are to scared to say no when those unions ask for a raise. If you feel they deserve more money, pay for their increased benefits out of your own pay checks, NOT MINE!
Posted by: Felix Procacci | Wednesday, March 25, 2009 at 07:09 PM