"Millionaire's Tax" Hurts the Poor, Too

NYU Urban Planning professor Mitchell L. Moss says that the poor will bear a larger burden as a result of their dependence on an equally burdened MTA--whose finances are being leveraged to help the rest of the state.

1 minute read

December 10, 2011, 5:00 AM PST

By Judy Chang

"...it is essential to understand that Albany is drawing upon wealth generated in New York City and its adjacent counties to solve its problems. Under the name of tax reform, New York City's economy is bailing out the state government. And, rather than treating the M.T.A. finances as an urgent problem, it makes them worse to gain support from Long Island and other suburban state legislators.

Contrary to Albany doctrine, our mass transit system is not just a local issue."

FULL STORY: Subway Riders Get the Shaft

Thursday, December 8, 2011 in The New York Times

Government / Politics Social / Demographics Transportation New York New York City Millionaire's Tax View More

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