All those empty offices, not so many commuters coming into the city every day.
Is this Satire or real?
If the ridership is down in NYC like it is in San Francisco, the marginal revenue from a 8.33% fare increase won’t make a dent. Double the fare, close down every other street, and triple the license plate cost on limos. Force the population into the MTA to increase the business.
Is there any regular sales tax on streaming services in NY? I don’t have a problem if regular sales tax is applied to the streaming services. If a state has a sales tax the I think it should be applied equally to goods and services.
I have to laugh at NY State.
1. Netflix (streaming service) users are predominately younger folks. 2. One of the MTA’s problem is ridership has not recovered from pre-pandemic levels, and one reason is that many workers, like those identified in 1., remain “remote” workers needing not to go back to offices in New York City - part of the “missing” ridership. 3. Yet 1. and 2. also represent demographics that largely vote Democrat in New York state.
And now NY state is looking at taxing their streaming services. Talk about “out of touch” and even out of touch which a good many of those that keep electing the Dims. LOL
“The MTA said it needs an influx of $1 billion to keep subways, buses and commuter trains running”
That means that revenue from the fares people pay leaves $1 billion plus in ADDITIONAL taxpayer subsidies to be an operating transportation system. We say $1 billion plus because it is an acknowledgement that the $1 billion shortfall is after state and local subsidies the MTA is already scheduled to get.
It would be better for everyone if New York City population shrank a huge amount, reducing the level of subsidized services needed, reducing demands on already high priced housing, forcing reductions in state and local taxes, size of government payroll and expenses, and over time leaving a leaner but healthier New York City. The way NY State and City operate represents a sticking swamp as big as Washington D.C.
Taxation without representation. (true representation)
Ha ha ha ha ha ha ha ha ha ha ha!
I love it.
Pay more punks!
I live in NYC. I don’t use Netflix or Uber, but I take mass transit. So this works for me.
Used to have great neighborhood video store. They all got put out of business. Already saw pretty much every great movie from 40’s to 90’s. Mostly all crap since then. Not paying for subscription to a monopoly.
Raise fares to pay for MTA ....
NY is desperate for revenue due to their in constrained deficit spending. And this is after Biden bailed them out twice… once after Covid and once after Signature Bank collapsed.