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Reply to "Say goodbye to your transit subsidies"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Tax bill eliminates the ability for employers to write off the transit and parking subsidies they give their employees. And without that incentive, you can pretty much guarantee that most employers will not hand them out. I assume this will also worsen traffic as people start to drive instead of taking public transportation. http://www.chicagotribune.com/news/nationworld/politics/ct-gop-tax-bill-commuters-20171216-story.html [/quote] Did you people read this article? "Companies could still provide the parking and transit passes to employees, but they would no longer get the tax deduction. And employees who pay for their own transportation costs can still use pre-tax income." If employers set up these ira type accounts employees are still paying with pre-tax income. That is ripping off everyone else. What's next? pre-tax lunch at work? Business clothes? This is all BS...[/quote] Are you really that stupid? Governments everywhere subsidize public transport because it reduces traffic congestion and pollution relative to having millions of extra cars on the road. Metro is expensive. It can cost 6.50 one way to go somewhere on Metro at peak time. Removing those subsidies will cause low and middle income people to use Metro a lot less and drive more.[/quote] This.[/quote] Fares only produce 27% of DC Metro revenue. The other 73% is from grants a subsidies directly to the metro budget. The government is the largest issuer of free passes, which most agencies mandate, regardless of the ability to deduct. Is anyone on here employed by a private, for profit employer who gives passes? ?[/quote] Yes, and I know plenty of other people whose private employers issue Metrochek benefits too. Just because the government is the largest issuer of free passes, doesn't mean it's the only issuer. Public transport subsidies are good public policy. Firms that even a little environmentally conscious, or who have a lot of young employees who prefer to spend there time in public transit surfing on their phones rather than driving tend to issue them. Maybe you should get out of your bubble and meet some of them.[/quote] Not one has come forward on this board. Not one who works for a for profit. Don’t sock puppet at this point.[/quote] My wife and all of her co-workers fall into to non-governmeny worker category who receive transit benefits. Also: As of Jan. 1, 2016, two major East Coast cities, New York City and Washington, D.C., will require employers with 20 or more employees to offer qualified pretax transportation benefits to their workers. San Francisco already has such a mandate in place, as do the nearby cities of Berkeley and Richmond and nine counties in the San Francisco Bay Area. https://www.shrm.org/resourcesandtools/legal-and-compliance/state-and-local-updates/pages/cities-transit-benefits.aspx[/quote]
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