VIDEO: Senators Want to Stop MTA Payroll Tax
Senators Jack Martins and Lee Zeldin introduced a bill to provide tax relief for Long Islanders.
0
of
0
Officials address the issue of the MTA Payroll Tax
Videos (1)
Videos
In 2009, the MTA Payroll Tax was enacted, forcing taxpayers to pay a .34 percent tax for every $100 of payroll to pay the MTA.
In December of 2011, legislation was signed to eliminate the payroll tax for businesses with a payroll of $1.25 million or less as well as public and private schools.
Libraries, counties, towns and villages are still required to pay the tax. Senators Jack Martins, R-Mineola, and Lee Zeldin, R-Shirley, as well as others are trying to eliminate the tax for the remaining taxpayers.
Nassau County pays approximately $3 million in taxes that goes towards the MTA, officials said.
