It's not a straightforward answer to the issues you're presenting -- they're exempting the West Side Highway and JFK, and of course, the line at 60th is basically arbitrary. I predict that parking garages on the upper east and upper west are about to get a lot more expensive.
This is social engineering in tax form, intended to redirect traffic (or really...just to raise money for the MTA), without a great deal of thought about how it will impact the people actually living here (beyond "cars are bad", or, "New Jersey sucks", in any case). It is not "having drivers take ownership of the costs the produce" -- that would be, I dunno...raising the gas tax or tag fees or something. And don't forget that drivers already pay a toll to use the bridges or tunnels into Manhattan.
I'm generally in favor of making externalities real and specific, but this plan sucks. One nice thing about congestion is that it is inherently self-limiting, so the stated problem was already captured in existing economic incentives.
This is social engineering in tax form, intended to redirect traffic (or really...just to raise money for the MTA), without a great deal of thought about how it will impact the people actually living here (beyond "cars are bad", or, "New Jersey sucks", in any case). It is not "having drivers take ownership of the costs the produce" -- that would be, I dunno...raising the gas tax or tag fees or something. And don't forget that drivers already pay a toll to use the bridges or tunnels into Manhattan.
I'm generally in favor of making externalities real and specific, but this plan sucks. One nice thing about congestion is that it is inherently self-limiting, so the stated problem was already captured in existing economic incentives.