December 3, 2013

Transit commute tax break may soon be cut

WASHINGTON, D.C. — NPR reported that starting Jan. 1, the tax break for transit commuters may be cut nearly in half, from $245 per month to $130 per month, unless Congress votes to keep the transit subsidy equal to the parking subsidy. Oregon Rep. Earl Blumenauer has gotten support from five House Republicans and 44 fellow Democrats to co-sponsor legislation that would do just that.

Meanwhile, drivers will get a bigger break, with their parking benefit increasing to $250. For the full story, click here.

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  • John Thomasson[ December 3rd, 2013 @ 10:31am ]

    I'm glad the Chinese are willing to loan us the money to cover the higher subsidy. What about a subsidy for those of us who don't have transit available and have to drive on County and unpaved roads?

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