De Blasio: Tax millionaires to pay for NYC subway, bus fix
Praise & criticism for mayor's idea; Rich would pay 'just $7 a day'
On Monday, de Blasio described his plan to fund urgently-needed repairs to New York City’s bus and subway system and half-priced MetroCards for the working poor with a new, half percentage tax on millionaires.
Claiming that the state, which runs the MTA, has siphoned off a half billion dollars from the MTA’s budget, de Blasio said the system needed “sustainable revenue” and “fairness.”
“This is not just a subway crisis, this is a human crisis. And New Yorkers are experiencing this every day,” de Blasio said at a press conference at Brooklyn Borough Hall, where he was backed by elected officials, transit organizations and members of District Council 37, the city’s largest municipal union.