> The services of parking, garaging and storing motor vehicles within New York City are subject to the 4% state tax, the 6% New York City local tax, and the ⅜% Metropolitan Commuter Transportation District (MCTD) tax (for a combined state and local rate of 10⅜%).
> The borough of Manhattan has an additional 8% parking tax that applies unless the purchaser is a certified exempt resident (for a combined state and local rate of 18⅜%).
There should be zero private cars on the island of Manhattan. Build giant park n ride structures in NJ/Bronx and Queens. And while we're at it, do that cool infill project to extend Battery Park.
February 1, 1971. I arrived in Manhattan from South America. On one of the streets (I forget which) there were several official-looking parking signs that read "Do Not Even THINK of Parking Here". Every time I've visited Manhattan since then I've looked for another one of those - never found another one.
If the goal is to be the most progressive, it should not and rather tax land owners as much as necessary to balance the government's budget directly proportional to land value and get rid of building height restrictions.
> The services of parking, garaging and storing motor vehicles within New York City are subject to the 4% state tax, the 6% New York City local tax, and the ⅜% Metropolitan Commuter Transportation District (MCTD) tax (for a combined state and local rate of 10⅜%).
> The borough of Manhattan has an additional 8% parking tax that applies unless the purchaser is a certified exempt resident (for a combined state and local rate of 18⅜%).
https://www.tax.ny.gov/pubs_and_bulls/tg_bulletins/st/parkin...
Maybe the tax rate should be increased? NYC would do well to adopt a system similar to the Chicago neighborhood parking zones for on-street parking:
https://www.chicityclerk.com/city-stickers-parking/about-par...
http://smartchicago.github.io/zone-parking/