Spin Cycle
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MTA chief says payroll tax provides critical funding
Proposals to further rollback the payroll tax that helps support the Metropolitan Transportation Authority would take away needed money, the transit agency’s head told a Senate committee in Albany on Tuesday.
“The MTA will officially oppose any thing like that,” MTA chairman and chief executive Joseph Lhota said. “It’s a significant portion of our revenues. It’s very, very important that we...