Hidden Fare Hike For Commuters: Congress Fails To Extend Tax Benefit For Train, Bus Riders
Drive your car; don’t take the train. That seems to be the message from Congress after it failed to extend a 5-year-old public transportation tax benefit.
Via NJ.com:
Drive your car; don’t take the train.
That seems to be the message from Congress after it failed to extend a 5-year-old public transportation tax benefit establishing parity between commuters using mass transit and those paying to park in a garage.
Mass-transit commuters have been getting a benefit of $245 a month pre-tax, same as drivers who park in garages.
But in what amounts to a hidden fare hike for mass-transit riders, that pre-tax figure for commuters who use the train, ferry or van pool has been slashed to $130 monthly, while increasing to $250 for drivers who pay to park.
A commute...