A Tax Break! A Tax Break!
OK, so maybe I should not have been so dour yesterday in commenting about the impending passage of the financial package to stabilize credit markets here in the U.S.
I was correct in suggesting that the press would make a big deal of the bicycle commuter tax break. Many news outlets have had a field day talking about this credit as an example of the “pork” contained in the bill.
Oh well - no need to be so down - We get a tax break! Start negotiating with your employer now for better bike racks, changing facilities, and lockers, because you will be giving them a $120/year break on their taxes!
Read more about how bicycle commuters are reacting at the Outside Magazine Blog.