Nope, just out of date. $116.50 was the price prior to the increase to $121.
The commuter tax deduction lets you buy the cards with pre-tax money deducted from your paycheck, which is a substantial reduction up to 45% or so depending on your marginal tax rate. Of course, because it's using pre-tax money, it's giving a bigger discount to higher earners, which makes it the opposite of progressive, which seems opposite of what's intended.
The commuter tax deduction lets you buy the cards with pre-tax money deducted from your paycheck, which is a substantial reduction up to 45% or so depending on your marginal tax rate. Of course, because it's using pre-tax money, it's giving a bigger discount to higher earners, which makes it the opposite of progressive, which seems opposite of what's intended.
Separately, seniors/disabled people pay half fare: http://web.mta.info/nyct/fare/rfindex.htm