West Hempstead, N.Y. – State Senator Lee M. Zeldn (R, C, I- Shirley) joined his legislative colleagues and Governor Andrew M. Cuomo today as the Governor signed into law a new measure to eliminate the MTA Payroll Tax for approximately 80 percent of all employers currently paying the tax.
Last week, the Legislature passed a bill repealing the MTA Payroll Tax for 78.2 percent of all employers (over 700,000 taxpayers). In addition, thousands more will see a reduction. In addition to the 290,000 employers who will have their tax eliminated, 414,000 self-employed taxpayers will also see the MTA Tax repealed. All elementary and secondary schools, both public and private, will now also be completely exempt from the payroll tax.
“Today is the start of the much anticipated repeal of the MTA Payroll Tax. This is a huge victory for my constituents, the taxpayers of the Third Senate District.
As a result of the agreement between the Legislature and the Governor, 78.2 percent of all employers (over 700,000 taxpayers) will see a total elimination of the tax. Many others will receive a reduction.
I very much appreciate Governor Cuomo’s good faith efforts working with Senate Republicans to remove this unfair burden on Long Island businesses, nonprofits and others.
West Hempstead, N.Y. – State Senator Lee M. Zeldin (R, C, I- Shirley) joined his legislative colleagues and Governor Andrew M. Cuomo this past Monday, December 12, 2011, as the Governor signed into law a new measure to eliminate the MTA Payroll Tax for approximately 80 percent of all employers currently paying the tax. Thousands more will see a reduction.
Local Elected Officials Express Support for Legislation
Brookhaven, NY- New York State Senator Lee M. Zeldin (R, C, I- Shirley) and New York State Assemblyman Dean Murray (R, C- East Patchogue) today joined local elected officials to announce the introduction of State Legislation to fully repeal the MTA Payroll Tax for all counties, towns and villages outside of New York City.
New York State Senator Lee M. Zeldin (R, C, I- Shirley) speaks on the Senate Floor in support of Senate Bill 7165-A, sponsored by Senator Greg Ball, that will repeal the MTA Tax for self-employed individuals earning $250,000 a year or less. The bill passed the New York State Senate on June 20, 2012.
In 2010, the State Education Department secured Race to the Top Funding from the U.S. Department of Education. In exchange for $700 Million in funding, the state education department made various commitments related to educational standards, testing, a teacher evaluation system, and data collection.