Quote:
Originally posted by Mmmm, Burger (C.J.)
True dat. It amazed me that in one of the recent tax bills, in an effort to encourage public transit , Congress allowed employees to pay not only for transit passes with pre-tax dollars, but also parking spaces. As it turns out, the far bigger benefit goes to the person paying $200/month for parking than the person paying $3/day for transit fares.
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I could not, in any way, understand the rationale for the pre-tax allowance for parking. My understanding of the bill was to encourage the utilization of mass transit. Perhaps the underlying tone of the parking is to encourage car-pooling. However, the end result is that anybody that drives gets a huge discount off parking.