Gov. Hochul’s latest job-killing tax hike, like the subway it funds, will mostly run beneath the surface.
The state-controlled, perennially cash-strapped transit authority is still hunting for ways to fund its $68 billion five-year capital plan.
In the recently agreed-upon state budget , Gov. Hochul and lawmakers have obliged by hiking a tax charged to employers on most downstate payrolls, the Payroll Mobility Tax…