Transit benefits will soon be cut in half — Help us stop it
November 19, 2010By Stephen Lee Davis
If you take transit to get to work each day, come January you could be paying more out of your own pocket when the tax deduction for transit is cut in half.
But drivers will keep enjoying the same great parking benefit – nearly double what transit commuters will be eligible to receive. We don’t think that’s fair, and Congress needs to hear about it.
Come January, if you spend more than $120 a month on your commute in a vanpool, train or bus, the federal government will be sending a message loud and clear: they’d like you to start driving to work, where you can get $230 for parking deducted from your paycheck tax free.
A provision in the stimulus bill increased the transit benefit from $120 to $230, finally putting it on equal footing with the $230 parking benefit and extending this great benefit to everyone, whether they drive or take transit each day. But that provision is about to expire unless Congress votes to extend it during their December session.
Transportation is the second largest household expense for many households. The millions of Americans who depend on transit to get to work each day shouldn’t have to pay more to do something that also saves us energy, reduces congestion and emissions, and uses less oil.
The federal government talks a good game about encouraging Americans to carpool or take public transportation to save energy and cut emissions, but they need to put their money where their mouth is. Sign our petition today.
(Note, this petition is hosted by Commuter Nation. -Ed.)



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