New York, USA. 07th Aug, 2017. Supporters of the Mayor's plan are seen holding signs during the press conference. New York City Mayor Bill de Blasio and city officials held a press conference at Brooklyn Borough Hall to announce plans for funding a new half-price transit Metrocard system for the City's lower-income residents. The Mayor's office is demanding passage of a new City tax on individual incomes over $500,000 USD. The additional tax increase on qualifying individuals is expected to generate $1. Credit: PACIFIC PRESS/Alamy Live News
Supporters of the Mayor's plan are seen holding signs during the press conference. New York City Mayor Bill de Blasio and city officials held a press conference at Brooklyn Borough Hall to announce plans for funding a new half-price transit Metrocard system for the City's lower-income residents. The Mayor's office is demanding passage of a new City tax on individual incomes over $500,000 USD. The additional tax increase on qualifying individuals is expected to generate $ Billion USD additional funding which will support a new half-price Metrocard program and operational funding for the City's subway and bus system.
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