Congestion pricing
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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 Reduction & Efficiency - Congestion pricing reduces traffic by 11% [1] - 70,000 cars are off the road every day [1] - Buses and people are moving faster [1] Safety Improvement - Pedestrian crashes decline by 14% [1] Revenue Generation & Legal Confidence - Congestion pricing is generating projected revenue [2] - The MTA is confident in winning the lawsuit regarding congestion pricing [2]
Sliwa says Trump Should Stay Out of NYC Election
Bloomberg Television· 2025-07-28 18:56
Economic Policy & Taxation - High corporate tax rates (175% plus city taxes) are driving businesses away to states with lower taxes like Florida, Georgia, North Carolina, South Carolina, Texas, and Tennessee [1] - High personal income and sales taxes (approximately 9% each in the city) exacerbate the problem of businesses fleeing New York City [1] - Congestion pricing has reduced foot traffic for businesses, especially small and mid-sized businesses, making it difficult for them to pay rent [2][3] - The city and state are perceived as making it "impossible to stay" for businesses [3] Housing Affordability - High rents in Manhattan require young professionals to have multiple roommates, even with salaries around $150000 [3][4][5] - Young people are struggling to afford housing, student loans, and basic necessities, leading to anger and potential relocation out of state [5][6] Public Safety & Law Enforcement - The city needs to hire 7000 more police officers [16] - Madison Square Garden and universities like NYU and Columbia should pay their fair share of property taxes to fund the hiring of more police officers [16][17][18] - Police officers need to have their qualified immunity restored to effectively do their jobs [18][19][20] Political Landscape - The Democratic Party is perceived to have shifted towards socialism [11][12] - The Republican candidate aims to attract millennial and Gen Z voters by addressing issues like crime [14][15][16] Immigration - The city needs to find a way for immigrants to legally work, especially in the hospitality industry, to preserve businesses [30]