Residents over age 65 and making less than $500,000 will get property-tax breaks under a newly unveiled program.
The new tolls are expected to generate $1 billion in revenue a year.
A proposal by House Democrats to raise the corporate tax rate could lead to more municipal bond purchases.
Similar referendums are on Nov. 3 ballots in Arizona, Montana and South Dakota.
Without help from Washington, the public transit agency will have to drastically curtail services and lay off staff.
Controlling the spread of the virus in schools adds up in many ways.
High-yield munis have returned 7.8% since April 1.
The United States' biggest mass-transit system might offer people tax-exempt MTA bonds in $1,000 denominations.
The MTA’s $51.5 billion five-year plan will modernize subway signals, finance new buses and upgrade tracks.
The demand comes as investors seek refuge from municipal-bond yields that are the lowest since the 1960s.
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