+1 |
One other thing to consider: only ONE public transportation system in the entire world operates at a profit. That is the MTR, the private transportation corporation for Hong Kong. However, even this system has a "hidden" government subsidy: the MTR is given exclusive rights to develop the land on top of the Metro stations at land values far below arms' length market value. Therefore, the MTR is one of the largest landowners in Hong Kong and one of the largest owners of prime retail and office space. The MTR uses these real estates profits to subsidize the fares and keep their stations and trains immaculately clean. Additionally, 90% of Hong Kong residents use the MTR system daily. No other transportation system in the world operates at a profit solely on fares. ALL require government subsidies. |
Is this going to impact the tax-free status of transit subsidies to employees? I currently give my nanny a transportation subsidy every month tax-free, under the current IRS rules for fringe benefits. Does this mean that if I continue doing that, both she and I will have to pay taxes on it as if regular pay/income? |
99% of the country hates you for that statement alone. |
Why do you think private sector employees don’t deserve adequate compensation? All you people going on about how your awful employers don’t provide decent benefits and it’s like you wear that as a badge of honor, to work for miserly employers. Join a union and demand what you deserve. You’re the ones doing the work that creates wealth for your companies. Demand you get compensated for it like you should, whether that’s salary, good insurance, vacation days, and yes, transit subsidies. |
That's not how it works in the real world. I can't believe how entitled you government workers are! You just don't "demand" all sorts of expensive benefits and above-market salaries from your employer. That's such the liberal way: Gimme, gimme, gimme! Where is the money going to come from? It's not like government, where the "employer" simply goes deeper and deeper into trillions of debt. No....in the real world, the employer goes bankrupt. You can demand yourselves right out of employment altogether. Plus, you're just assuming everyone would want to unionize. Again, you do not live in the real world. In the real world, if, for example, the admins get together to demand a raise from $60k to $70k with an extra week vacation, guess what? other admins will gladly step up and take the $60k. Finally, we don't wear our less lofty salaries and benefits as a badge of honor! We are just pointing out that private sector employees, subject to MARKET FACTORS (and often their company's ability to pay more) should not be meeting the demands of public sector employees that exceeds their own compensation. |
You are an idiot. All those users of mass transit also contribute to road maintenance, so they subsidize *your* commute. |
Unionize. That’s how you get decent benefits. That’s how we have a 40 hour week and overtime. Stop cowering to your fat cat ceos and try to elevate national standards for workers. Employers will always try to take advantage of workers who don’t stand up for themselves. |
Fat cat CEO's? The majority of people work for small businesses. (That's also where the new job creation is also.) Liberals hate capitalism so much that they seem to think the private sector is made up of multi-millionaire CEOs earning a fortune. |
My mom husband does as well. |
As a follow up to this, former military make of 30% of the government workforce. A decent portion do not have college or advanced degrees. The civilian workforce within the government sees a value in that training and experience, and hires accordingly. Many private sector jobs do not do that. So if you support the military, I would be very careful when making an apples to apples comparison between private and government employees. I know a decent number of former military, now civilian, employees who are hurt by the assumption that their service isn’t worth anything beyond the military. |
You might want to check the salary data. We can't get engineers into our agency without bonuses at GS-5 pay for people straight out of college. GS-5 step 10 is about 46k.... |
REMINDER: federal government employees PAY TAXES. |
Would you do your job for free? |
This. The same people that crow about “supporting the troops” then complain that they get paid too handsomely and have too good benefits once they get a post-military career. Talk about hypocritical. |