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“Congestion pricing is working,” says MTA CFO Jai Patel #shorts #mta #congestionpricing #nyc
Bloomberg Television· 2025-08-19 22:04
Congestion pricing is working. It is reducing traffic by 11%. What does that mean.70,000 cars are off the road every single day. What else is it doing. It's moving our buses faster. It's moving people faster.We've seen a change in ridership. But also, we've seen safety increases. There's a 14% decline in pedestrian crashes.And on top of it all, it is bringing in the revenue that we had projected originally. But what's the backup plan if that evaporates. Yeah, we're confident, right, that the MTA and uh the ...
Sliwa says Trump Should Stay Out of NYC Election
Bloomberg Television· 2025-07-28 18:56
Right now, just from the business perspective, if you think about it, with the 17 and a half percent corporate tax, when you include the state and city, 9% for the city, and you compare it to where everybody is fleeing to Florida and Georgia, North Carolina, South Carolina, Texas, Tennessee, it's prohibitive to keeping business here. The personal income tax at about 9% in the city and then 9% of the sales tax for us to keep business from fleeing. We've got to start slashing taxes, at least those in a mayor ...