Regional Financing Alternatives for Mass Transit. Volume III: New York City Case Study

摘要

Increasing mass transit deficits and declining central city fiscal strength generated strong interest in regional taxation for transit. The main focus of this study is on regional or metropolitan-wide taxation to subsidize mass transit. The metropolitan areas studied are Atlanta, Georgia, and New York, New York. Both areas provide excellent comparisons for regional taxation. New York has no direct regional taxation and the majority of mass transit service exits within the central city boundaries. Atlanta, in contrast, has a regional transit tax and a regional service pattern for mass transit. This volume, volume 3 of 5 volumes, is a case study of the distribution of tax burdens in the New York City metropolitan area under alternative central city and regional tax systems. Earnings taxes, sales taxes, property taxes, and a state income tax surcharge are compared in terms of their tax burdens by income class. Comparisons are made for New York City and the counties of Nassau, Rockland, Suffolk, and Westchester.