New York City Congestion Pricing

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KCasiglio

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Did not see another thread related to this or a general New York City thread. Please feel free to move if there is somewhere more appropriate.

In an incredibly frustrating move, Hochul Halts Congestion Pricing in a Stunning 11th-Hour Shift.

As of right now, it's shelved indefinitely. This will cost the MTA billions that they were already budgeting for over the next few years if not implemented.
 
KCasiglio said:
Did not see another thread related to this or a general New York City thread. Please feel free to move if there is somewhere more appropriate.

In an incredibly frustrating move, Hochul Halts Congestion Pricing in a Stunning 11th-Hour Shift.

As of right now, it's shelved indefinitely. This will cost the MTA billions that they were already budgeting for over the next few years if not implemented.
Click to expand...
It’s a disaster that was going to screw everyone. Even the unions who were going to get the money hated it.
 
TallIsGood said:
It’s a disaster that was going to screw everyone. Even the unions who were going to get the money hated it.
Click to expand...
But what's the alternative? Either the MTA is funded through a congestion charge, or now more likely a payroll tax. The latter is much worse in terms of economic incentives and is also quite regressive. Congestion pricing is the optimal solution because it puts the cost of congestion on the people who create it, whereas a payroll tax puts the cost on everybody. The majority of New Yorkers travel by train and bus, not private automobile, but let's continue to cater toward the minority of people who drive. :rolleyes:
 
TallIsGood said:
It’s a disaster that was going to screw everyone. Even the unions who were going to get the money hated it.
Click to expand...

It has already been successfully implemented in cities all over the world, with resounding success. It demonstrably and measurably improves air quality, road safety, travel times, and, obviously in this particular case, it would have funded much needed infrastructure and public transportation improvements.

Would some people have been screwed? Yes, of course; every single law ever written screws somebody. But in saying that it "was going to screw everyone" you have outed yourself as unserious on this topic.
 
Some random article I could find regarding an update on NYC congestion pricing:

nypost.com

Albany pumps the brakes on MTA funding plan in rebuke of Hochul’s move to ditch congestion pricing

Albany lawmakers pumped the brakes on a last-ditch funding plan for the MTA on Friday — in a major rebuke of Gov. Kathy Hochul’s sudden move to scrap congestion pricing. State Senate Ma…
nypost.com nypost.com

Albany lawmakers refused to give NY's Governor a replacement funding plan for NYC's MTA to cover the loss of congestion pricing funds. The MTA will either need to implement congestion pricing anyways, or go over a fatal fiscal cliff. The state has fashed signficant backlash from citizens and businesses over the Governor's proposed tax hike.
 
MTA announces all capital projects have to be reevaluated or cancelled.

www.nytimes.com

What Happens Now That Congestion Pricing Has Been Halted

First the Metropolitan Transportation Authority must vote. Then Gov. Kathy Hochul may seek another way to shore up the finances of the transit system.
www.nytimes.com www.nytimes.com

https://twitter.com/i/web/status/1799258942557638742

1717814063208.png
 
HenryAlan said:
But what's the alternative? Either the MTA is funded through a congestion charge, or now more likely a payroll tax. The latter is much worse in terms of economic incentives and is also quite regressive. Congestion pricing is the optimal solution because it puts the cost of congestion on the people who create it, whereas a payroll tax puts the cost on everybody. The majority of New Yorkers travel by train and bus, not private automobile, but let's continue to cater toward the minority of people who drive. :rolleyes:
Click to expand...
It applied to taxis, Uber, service vehicles, delivery trucks, etc which is paid for by folks who don’t drive. You could also charge people who use the MTA to ride the MTA.

They need to look at their cost structure, inefficient union work rules and everything else.

The answer isn’t always more money since that will never solve this problem.
 
HenryAlan said:
But what's the alternative? Either the MTA is funded through a congestion charge, or now more likely a payroll tax. The latter is much worse in terms of economic incentives and is also quite regressive. Congestion pricing is the optimal solution because it puts the cost of congestion on the people who create it, whereas a payroll tax puts the cost on everybody. The majority of New Yorkers travel by train and bus, not private automobile, but let's continue to cater toward the minority of people who drive. :rolleyes:
Click to expand...

I predict New York will get sick of the Democrats overtaxing them, making living even more expensive and will promptly vote in other parties and roll all this back. It won't last.
 
Digital_Islandboy said:
I predict New York will get sick of the Democrats overtaxing them, making living even more expensive and will promptly vote in other parties and roll all this back. It won't last.
Click to expand...
That's what people said about the NYC income tax. New York's center of gravity is so strong, there isn't much that causes a net loss of population or voters.
 
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