Facing deadline next month to pass a rescue package for the MTA, the state legislature will likely kill a proposal to toll East River bridges and go ahead with a payroll tax on businesses.
Revenue from the payroll tax would more than cover the MTA’s $1.2 billion budget gap – averting the need for a threatened 23 percent fare increase.
But straphangers shouldn’t get too excited — even if the MTA's budget gap is closed, fares would still probably rise 8 percent, the fourth hike since 2003.
The toll plan never sat well with many powerful Democrats, and political observers agree it’s probably a nonstarter.
Photo from Forgotten-NY.com