New push to reinstate controversial commuter tax
The New York City Council is pushing to reinstate the controversial commuter tax on Long Islanders who commute to the city.
The tax would raise nearly $1 billion in new revenue starting in 2015.
The tax would require people employed in New York City to pay a .45 percent payroll tax. For someone earning $50,000 a year, the tax would mean $225 more a year on top of state and federal taxes.
State Senate Majority Leader Dean Skelos, of Rockville Centre, says he will never renew the commuter tax. The Long Island Association called the commuter tax "a misguided policy" and its chief economist, Dr. John Rizzo, says the tax would hinder economic recovery in Nassau and Suffolk.
Reinstating the commuter tax is just one of 35 "wish list" items being requested by New York City that require approval by the New York State Legislature.