Bicyclists May Get Tax Benefit from Proposed Senate Bailout
Bicycle.net notes:
Employers of people who bicycle to work stand to gain a $20 per month tax credit per cycling employee, according to the Senate’s version of the Wall Street bailout bill, H.R. 1424.
The bill passed yesterday by a vote of 74 for and 25 against the bill and now goes to the House for a vote. The bicycle tax provision was part of an additional $110 billion in line items added to the already $700 billion bailout package.
Read the rest at
October 19th, 2009
That’s wonderful news. That’s the kind of encouragement we need to help ourselves get out the financial crisis that we are all responsible to have caused. Switching to energy saver bulbs to save electricity, car pooling to save gas and many other such things are great incentives that will not only improve our lives but also help us become more responsible citizens of this country. Way to go!
January 24th, 2010
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