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Reply to "Say goodbye to your transit subsidies"
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[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]
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