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Ah, April 15th. Hopefully you have not waited until the last minute to file your taxes. I just hate it when news stations send reporters to sit outside the post office on tax day. It’s the same “news’” every year - people procrastinate and file at the last minute - what’s the big deal?
What would be news is if elected officials embraced the concept of tax breaks to promote cycling. Virginia Beach tried to embrace just such a plan and unfortunately legislators seem content with the status quo. The following is a quote from an article posted on PilotOnline.com:
Under the bill, employers who provide showers and bicycle racks would receive a tax credit of as much as $5,000. Employees who ride to and from work at least 10 days a month would earn a tax credit of $15 per month.
Suit introduced the same bill two years ago, but a House finance committee refused to act on it.
For a glimmer of hope, you have to look west to all those hippies living in Oregon. Oregon.gov features this:
Bicycle Project
An employer purchases bicycles (or equipment to store bicycles) for employees to reduce vehicle miles driven a minimum of 45 working days per calendar year. The maximum eligible cost for a bicycle (including light and bolted equipment) is $800.
* Examples: An employer purchases bicycles for employees to use to commute to work. An employer purchases bicycle storage lockers to house the bicycles.
Were you able to take advantage of any tax credits related to cycling? If so, let us know in comments.
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Filed Under: culture, green power



1 comment for this entry ↓
1 Bradly Fletchall // Apr 15, 2008 at 6:56 am
Sadly, I live in Missouri. They haven’t quite gotten their yet. 2 of 10 employees where I work are avid cyclists and 1 more walks to work quit often but there are no employer or employee incentives from the state.
We are lobbying our boss to install the bike lockers and showers for us as a bonus if you will. Negotiations are on going.
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