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NY Weed Proposal: Tax Legal Marijuana to fund New York subway modernization plan

ny subway funded marijuana tax featured - NY Weed Proposal: Tax Legal Marijuana to fund New York subway modernization plan

The president of the New York City Transit Authority says subway service has improved since he took over a year ago, but more funding is needed. Andy Byford spoke to business leaders Wednesday, one day after going before the City Council to address the ongoing problems facing mass transit.

He says the Transit Authority’s new plan, called Fast Forward, will overhaul the subway system in 10 years.

Now, a report from an urban policy think tank is recommending a dedicated tax on cannabis to fund the MTA’s ambitious modernization plans.

Watch – Report recommends New York tax on cannabis to fund MTA modernization plan

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