New York Post

BILL’S BIGGEST SNOOZER IN NY

Subway fee not ‘taxing’ on rich: DeB

- By DANIELLE FURFARO and RUTH BROWN

Wealthy New Yorkers “won’t miss” the $700 million a year Mayor de Blasio wants them to pony up as a subway tax — because they’re already blowing their money on fancy food and cars, he said Monday.

“It means about $7 a day — to give you perspectiv­e, that’s about a half-hour of parking in a typical Midtown, Manhattan, garage,” de Blasio said at Brooklyn’s Borough Hall station.

“People who make a million dollars or more who go in and pay for parking, buy expensive meals . . . they’re not going to miss seven more dollars a day.”

De Blasio on Sunday revealed his new plan for the “millionair­e’s tax” to pay for repairs to the troubled subways, improve the bus system and subsidize half-price MetroCards for lowincome New Yorkers.

“We need a millionair­e’s tax so people who travel in first class pay their share so the rest of us can get around,” Hizzoner said.

The plan would raise the rate for 30,000 to 35,000 individual­s making more than $500,000 and couples earning over $1 million.

Asked how he arrived at the threshold, de Blasio admitted he was basically recycling the same model he’d proposed to pay for universal pre-K — an idea that failed when Gov. Cuomo instead persuaded the Legislatur­e to fund the program statewide.

This latest tax hike would also require Albany’s approval — an unlikely scenario after Senate Majority Leader John Flanagan (R-Suffolk) came out against the idea Monday.

De Blasio admitted that he hadn’t actually consulted lawmakers about it — saying it would be a “grass-roots” effort.

Even some Democrats aren’t sold.

“This tax would affect middleclas­s families and small business owners, many of whom pay their business tax through the personal income tax,” said Sen. Tony Avella (D-Queens), a member of the Independen­t Democratic Conference, which caucuses with the GOP.

Carol Kellermann, president of City Hall watchdog group the Citizens Budget Commission, said a tax hike is “not an appropriat­e way” to fund the MTA and echoed calls from Cuomo to instead toll more city drivers.

“New funding streams to support these needs should come from motorists — who are not contributi­ng their fair share to the MTA — through congestion pricing or other charges.”

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