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underpants

(182,824 posts)
Fri Dec 22, 2017, 04:45 PM Dec 2017

Tax scam bill - Commuting to work. Sorry bike riders.

Commuting

Employees should also note that buried in the tax law are changes affecting commuters. The tax law eliminates a break that currently allows companies to deduct some of the cost of providing parking and transit passes. It also ends a $20 a month benefit to help cover the costs of employees who bicycle to work.

The provisions could push employers to stop subsidizing their workers’ tabs for parking, mass transit and bike maintenance.

https://www.bloomberg.com/news/articles/2017-12-22/wealthy-americans-are-already-trying-to-exploit-the-new-tax-law?utm_campaign=pol&utm_medium=bd&utm_source=applenews

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Tax scam bill - Commuting to work. Sorry bike riders. (Original Post) underpants Dec 2017 OP
That $20 will be missed but it probably wont stop bike commuters MissB Dec 2017 #1
As Bill Maher said the Republican motto is "What would a dick do?" Yo_Mama_Been_Loggin Dec 2017 #2
Bicycle commuter for more than a decade gratuitous Dec 2017 #3
The $20 per month benefit was for the employer providing infrastructure (assuming they did) kelly1mm Dec 2017 #5
Oh gratuitous Dec 2017 #6
del - wrong area kelly1mm Dec 2017 #4

MissB

(15,810 posts)
1. That $20 will be missed but it probably wont stop bike commuters
Fri Dec 22, 2017, 04:46 PM
Dec 2017

It is so much cheaper to bike than to drive. (I drive; DH bikes.)

gratuitous

(82,849 posts)
3. Bicycle commuter for more than a decade
Fri Dec 22, 2017, 04:53 PM
Dec 2017

I've never received such a benefit, and its existence is news to me. I wonder if I can get that two or three grand retroactively?

kelly1mm

(4,733 posts)
5. The $20 per month benefit was for the employer providing infrastructure (assuming they did)
Fri Dec 22, 2017, 05:22 PM
Dec 2017

for bike commuters, not for the employee themselves. So no back payment for you ......

gratuitous

(82,849 posts)
6. Oh
Fri Dec 22, 2017, 05:48 PM
Dec 2017

It's true that our office building provides bike racks for free in the underground parking garage. This being bicycle-mad Portland, I doubt they'll remove the racks just because the subsidy is ending, but youneverknow.

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