Bailout me: Cyclists Approve
Part of the $700 billion (sorry, make that $840 billion, for some reason they failed to vote for the $700 billion package because it was outrageously expensive, so they asked for $140 billion more and said OK) bailout package includes a little tiny tax incentive to employers whose employees ride their bicycle to work.
Workers who ride to work will be eligible for $20 per month to cover the costs of riding (maintenance, equipment, bike expenses, etc). Employers, in return, will be able to deduct this expense from their federal taxes.
Who has the highest ridership in the nation? Portland, Oregon. 18,000+ commuters a day ride to work, up from 14,000 last year.
So let’s get ridin’. That is, if you are still employed…