From NY 1:Senator Charles Schumer is urging his fellow lawmakers to bring back a bigger tax break for commuters that expired at the end of last year.
Workers who travel by bus, train or subway had been able to use $230 a month in pre-tax income, but as of January 1 the benefit was reduced to $125.
Schumer has inserted a measure into the federal highway bill that would reinstate the tax break and increase it to $240.
It would be retroactive to January 1.
1 comment:
Fantastic idea. Hopefully Congress realizes that they need to promote the use of mass transit rather than place it behind cars and trucks.
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