Skip to Content
Streetsblog New York City home
Streetsblog New York City home
Log In
Transit

Transit Riders Keep Same Tax Benefits As Drivers

President Obama is about to sign the controversial tax-cut compromise into law, now that the House and Senate have both voted in favor of the bill. That means the transit benefit extension, hidden inside the $858 billion package, will become law as well.

Transit riders get to keep their equal tax benefits, thanks to pressure from advocates. Image: ##http://www.metrojacksonville.com/article/2009-apr-im-smaller-than-jax-and-i-have-rail-tucson-az##Metro Jacksonville##
false

Nearly four years ago, Congressman Jim McGovern (D-MA) introduced a measure to offer tax parity for commuters on different modes. "“It’s time for mass transit commuters to get some respect," he said. "It’s time to level the playing field between commuters who use mass transit and those that drive alone. It’s time to fix a tax structure that penalizes mass transit commuters."

The time didn't come for another couple years, when the stimulus went into effect, including a $230/month cap for tax-free transit benefits (up from $120/month.) But now that transit riders have been enjoying the savings for a couple years, they were loath to give them up while drivers were allowed to keep theirs.

Now they won't have to.

Stay in touch

Sign up for our free newsletter

More from Streetsblog New York City

Promises, Promises: What the Candidates Said At The Transit Forum

Yes, the 2025 mayoral race is in full swing — which also means the candidate forum season is here, too.

December 3, 2024

River to River! DOT Will Close Dyckman Protected Bike Lane Gap

The four-block stretch will close a gap between the East and West sides of uptown Manhattan. But the agency may give in to a handful of drivers who are demanding their free parking over daylighting.

December 3, 2024

Giving Tuesday: The 2024 Sustainable Transportation Book Guide!

The previous 11-plus months have been epic for urbanism-related books. Why not buy a few for the advocates on your holiday list?

December 3, 2024

Tuesday’s Headlines: Death on the Roads Edition

The wheels of government grind slowly. Much slower than the wheels of car drivers, which grind very aggressively. Plus other news.

December 3, 2024
See all posts