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#1 2013-12-07 22:41:01

From: Austin, TX
Registered: 2008-05-26
Posts: 1,259

Congress punishes commuters in 2014

"The amount workers can stash away pre-tax for transit costs is being cut nearly in half to $130 a month starting in January from a current monthly limit of $245. Car commuters, meanwhile, are getting an even bigger tax break. The monthly parking benefit has been raised slightly to $250 from $245. For a commuter in the 25% tax bracket, the maximum tax break is shrinking to $390 a year from $735. Meanwhile, for people who drive to work, the maximum tax break is increasing slightly to $750 a year."

And we wonder why things are so f'd up. … 2013-12-04


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