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Published on February 3rd, 2013 | by Zachary Shahan

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Transit Tax Benefit Now Equal With Parking Benefit



I know — like me, you had no idea car commuters had more in the way of tax benefits than transit commuters. Sadly (and quite regressively), they did. But that was recently fixed by some savvy, transit-friendly senators.



 
From Streetsblog:

The commuting costs that straphangers could claim as tax-deductible had been reduced to a maximum of $125 per month last year, well below the $240 that car commuters could claim monthly to offset parking costs.

With transit and parking benefits again equal, there will be one less pernicious financial incentive to drive to work alone, as David Alpert at Greater Greater Washington noted.

There are many reasons to take transit instead of drive. Good to see they’re now on level playing field in the tax credit category.

This is part of an experimental “Sunday quickies” series in which we quickly cover stories recent stories for which we didn’t have time during the previous week.

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About the Author

is the director of CleanTechnica, the most popular cleantech-focused website in the world, and Planetsave, a world-leading green and science news site. He has been covering green news of various sorts since 2008, and he has been especially focused on solar energy, electric vehicles, and wind energy for the past four years or so. Aside from his work on CleanTechnica and Planetsave, he's the Network Manager for their parent organization – Important Media – and he's the Owner/Founder of Solar Love, EV Obsession, and Bikocity. To connect with Zach on some of your favorite social networks, go to ZacharyShahan.com and click on the relevant buttons.



  • Otis11

    So the sunday quickies is an interesting concept… but it doesn’t work if the article lacks enough framing to establish a frame of reference. Unless it’s normal for people to be familiar with tax-deductible parking???

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