New York City subways are falling apart. The Metropolitan Transportation Authority has a $38 billion debt and $18 billion in unfunded health-care obligations. Governor Andrew Cuomo and Mayor Bill de Blasio spend most of their time blaming each other for the region’s transportation woes.
The New York Times thinks it has a solution: “Make commuters pay their share again.” That sounds like a great idea! The people who ride the trains should be the ones to pay for them.
But that’s not what the Times means. Instead, it wants people who live outside the city to pay a commuter tax to work in the city. Such a tax, equal to 0.45 percent of each commuter’s income, once was in place, but was repealed in 1999. If renewed, the Times estimates, it would add nearly a billion dollars a year to the city’s coffers, which it could use to restore the subways, though it is more likely that it would spend it on such frivolities as extending the Second Avenue subway. Continue reading