Friday, October 10, 2008

Bicycle Commuter Tax Break Is a Bittersweet Victory for Measure’s Sponsor

PORTLAND, Ore. — People who pedal to work each day have long sought a kind of commuter equality: a federal tax break for biking similar to those given for parking or riding public transit. Last week, after years of rejection, the credit suddenly became law.

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Representative Earl Blumenauer founded the Congressional Bike Caucus.
Scheduled to take effect in January, the credit was among a range of energy and tax provisions quickly added to the $700 billion financial rescue. read more here