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| Re: Cuomo Reluctant To Dig Deep For New Hudson Rail Tunnel (1362938) | |||
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Re: Cuomo Reluctant To Dig Deep For New Hudson Rail Tunnel |
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Posted by WillD on Sun Aug 16 22:39:51 2015, in response to Re: Cuomo Reluctant To Dig Deep For New Hudson Rail Tunnel, posted by VictorM on Sun Aug 16 20:28:56 2015. I wonder how much NJ state income tax revenue is paid by New Jersians who use Penn Station.I believe the figure thrown about when ARC was still a reality was $20 billion in investment in NJ as a result of the greater access to Manhattan. It would seem likely that NYC would see a similar level of investment because those people coming in to NJ due to ARC will likely have jobs in NYC. Also, if those people had to work in NJ I don't think they'd make as much money, and therfore pay fewer state inccome taxes. But they may spend less money on their commutes, allowing more to be spent on local sales taxes. |
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