Due to Congressional inaction during last month’s tax deliberations, the
new year ushered in a tax increase to public transit riders.
Currently, commuters who use public transit, commuter buses and van
pools may see their annual commuting costs increase by more than $550
based on a bias in the tax code that benefits driving over taking public
transit. In addition, the failure to extend the benefit has resulted
in a tax liability increase for companies offering the benefit.
Congressional Inaction on Extending Commuter Benefits Leads Public Transit Riders to See Taxes Increase More Than $550 in 2012
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