#new-jersey-transit

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www.nytimes.com
2 months ago
New York City

The Nation's Highest Business Tax Could Be Reinstated in New Jersey

Reversal of tax policy by Gov. Murphy from corporate business tax expiration to new surcharge for most profitable companies
New corporate surtax rate of 11.5% will only apply to companies with profits over $10 million, generating $800 million annually for New Jersey Transit. [ more ]
www.nytimes.com
3 months ago
New York City

N.J. Transit Wants a Big Fare Increase. Riders Want Better Service.

New Jersey Transit is planning to raise train fares by 15 percent, sparking criticism from commuters who feel the service is unreliable.
Governor Murphy defends the fare increase by claiming improvements in reliability, safety, and on-time performance, despite customer surveys and data suggesting otherwise. [ more ]
www.nytimes.com
3 months ago
New York City

N.J. Transit Plans to Raise Fares 15% on July 1

New Jersey Transit plans to raise fares by 15% on July 1 and continue with 3% annual increases.
The agency is facing a budget deficit and a drop in ridership since the pandemic began. [ more ]
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