Question:
How do you feel about MTA Bailout passed by state lawmakers?
FamousNYLover
2009-05-06 22:26:21 UTC
According to NY1, New York state law make approved to bailout MTA.
http://ny1.com/content/top_stories/98585/state-lawmakers-approve-mta-bailout-plan/Default.aspx
How do you guys feel about this?

Under MTA Bailout, here is list.
10% average fare increase in 2009.
Single ride will cost $2.25 and a 30-Day unlimited MetroCards will be $89.
Two more fare hikes in 2011 and 2013.
No service cuts.
No layoffs.
Every taxi ride will cost additional 50 cents, bring the base fare to $3.
A 25% to 30% fee increase for driver`s licences and learnet`s permits.
A $25 fee on all vehicle registrations and registration renewals.
A $5% sales-tax increase on car rentals.
Employees hit with a tax of 34 cent for every $100 of payroll.
Three answers:
missthang
2009-05-07 02:07:00 UTC
i dont think anybody really likes it, but its a lot better than $2.50 that they were planning on raising the fare to.
Amanda
2009-05-07 05:21:27 UTC
I think it's a pretty good compromise, but any permanent/sustainable transportation plan needs to include East/Harlem River bridge tolls and congestion pricing.
cressey
2016-12-11 12:08:30 UTC
The shape does not authorize fiat money and actually demands States to pay bills purely in gold or silver. Gold and silver oftentimes variety in value. it is fairly a mirrored photograph of variability in our money's value. evaluate some thing so you might purchase in the present day it is been interior the flow of commerce "invariably." i like to think of of a great extra healthful. no longer a "suitable shelf" clothier one-off or something, yet a great adapted extra healthful. One or 200 years in the past, a extra healthful like that would run relating to the comparable as an oz. of gold. in the present day, a extra healthful like that runs relating to the comparable as an oz. of gold. to assert gold oftentimes fluctuates in value is to assert "i do no longer understand what money is."


This content was originally posted on Y! Answers, a Q&A website that shut down in 2021.
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