Cycling and bicycle discussion forums. 
   Click here to join our community Log in to access your Control Panel  


Go Back   > >

Classic & Vintage This forum is to discuss the many aspects of classic and vintage bicycles, including musclebikes, lightweights, middleweights, hi-wheelers, bone-shakers, safety bikes and much more.

User Tag List

Reply
 
Thread Tools Search this Thread
Old 12-25-07, 05:58 PM   #1
KDB
Senior Member
Thread Starter
 
KDB's Avatar
 
Join Date: Aug 2005
Location: Buffalo, NY
Bikes:
Posts: 324
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
tax credits for biking to work?

I suppose this could go into the commuting section, but I never seem to post there...anyways, a friend sent me this link to see if I had heard of this proposed tax credit for people who bike to work.

I hadn't heard about and I am not sure what has become of the bill to which this is attached, but I will see if I can find out.

To keep this C&V oriented, I do bike to work on my old Schwinn Traveler every once in a while and I plan to use the Peugeot now that I have a new set of wheels that use clinchers (I will save the tubulars for special rides).

Here is the youtube link: http://youtube.com/watch?v=e1-nK-n1UsE

right/left politics and who is gonna win the presidency aside (i.e. lets not get into all that) will such a credit spur more commuting on bikes, especially C&V bikes?

It is about 22 miles from my house to campus; I average about 24 mpg in my Toyota, so a little less than a gallon of gas each way, plus a $0.25 toll each way. Thus with gas at $3.27 per gallon it is costing me about $6.50 (in round numbers) per day times 5 equals $32.50 per week to commute.

I wonder if a tax credit would encourage me and others to commute by bike more often?
KDB is offline   Reply With Quote
Old 12-25-07, 10:31 PM   #2
dannyg1 
Senior Member
 
Join Date: Jan 2005
Bikes:
Posts: 1,225
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
$ 240 every 15 months is a strange proposal. Sounds more like $196 per year, which won't even pay for my tire wear and tubes. It would be alot more beneficial IMO, if the government would encourage businesses to relax their ban on bikes in stores and much more strict law enforcement observation of the traffic/driver vs.bike/rider tensions. It's almost hopeless tough, in that regard, with the current/poor attitude of established law enforcement towards bicyclists.
dannyg1 is offline   Reply With Quote
Old 12-26-07, 03:04 PM   #3
dannyg1 
Senior Member
 
Join Date: Jan 2005
Bikes:
Posts: 1,225
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Found this today:

Legally Speaking - with Bob Mionske: Look! It's a bike; it's a pedestrian; it's a...
By Robert Mionske JD
Filed: December 20, 2007

Dear Readers,
The past week has seen cycling in the news again: The Senate stripped the bicycle commuter tax benefit from the Energy bill, while reinstating the Hummer tax benefit, which the House had removed from the energy bill; meanwhile, in Portland, yet another cyclist was killed in a collision with a motor vehicle. Finally, the State of Iowa may be poised to limit the rights of cyclists. I will be exploring these and many other issues in upcoming columns in the new year.

http://velonews.com/news/fea/13818.0.html
dannyg1 is offline   Reply With Quote
Old 12-26-07, 08:20 PM   #4
KDB
Senior Member
Thread Starter
 
KDB's Avatar
 
Join Date: Aug 2005
Location: Buffalo, NY
Bikes:
Posts: 324
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Interesting. I think I will contact Schumer and Clinton to see if they have a stance on the bike credit. I think any sort of credit for using a bike is worth supporting. I wonder if there are any lobbying groups pushing it?
KDB is offline   Reply With Quote
Old 12-26-07, 09:54 PM   #5
balindamood 
Wrench Savant
 
balindamood's Avatar
 
Join Date: Mar 2006
Location: 61 Degrees North
Bikes: www.2nd-cycles.com
Posts: 2,202
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 1 Post(s)
Disapointing.
__________________
"Where you come from is gone;
where you are headed weren't never there;
and where you are ain't no good unless you can get away from it."
balindamood is offline   Reply With Quote
Old 12-27-07, 01:47 AM   #6
jaakfrans
Member
 
Join Date: May 2006
Location: Brussels
Bikes:
Posts: 35
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Belgian tax law allows companies and obliges all public administrations to give their employees a non taxable allowance for travelling to their workplace of about 14 eurocent/km,regardless whether they use a big BMW,carpool or use a bike.And even more convincing some companies and administrations provide showers for cyclists.
jaakfrans is offline   Reply With Quote
Old 12-27-07, 06:39 AM   #7
miamijim
Senior Member
 
miamijim's Avatar
 
Join Date: Aug 2003
Location: Tampa, Florida
Bikes:
Posts: 13,297
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 45 Post(s)
Quote:
Originally Posted by jaakfrans View Post
Belgian tax law allows companies and obliges all public administrations to give their employees a non taxable allowance for travelling to their workplace of about 14 eurocent/km,regardless whether they use a big BMW,carpool or use a bike.And even more convincing some companies and administrations provide showers for cyclists.
European taxes cannot be compared to U.S. taxes. Two vastly different systems.

Regardlesss of what politicians do with taxes they're going to get you one way or another. For every credit theres a tax.
__________________
WWW.CYCLESPEUGEOT.COM 1984 Schwinn Paramount; 1987 Schwinn Paramount; 1975 Tom Ritchey, 198X Vitus
miamijim is offline   Reply With Quote
Old 12-27-07, 02:16 PM   #8
Bill Kapaun
Senior Member
 
Bill Kapaun's Avatar
 
Join Date: Feb 2007
Location: Mid Willamette Valley, Orygun
Bikes: 86 RockHopper,2008 Specialized Globe. Both upgraded to 9 speeds.
Posts: 9,374
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 78 Post(s)
You already get a "credit" by not spending the Federal & State tax on gasoline! That's almost $.50/gal.
Bill Kapaun is online now   Reply With Quote
Old 12-27-07, 04:04 PM   #9
melville
Senior Member
 
melville's Avatar
 
Join Date: Jul 2007
Bikes:
Posts: 486
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 3 Post(s)
Quote:
Originally Posted by dannyg1 View Post
Found this today:

Legally Speaking - with Bob Mionske: Look! It's a bike; it's a pedestrian; it's a...
By Robert Mionske JD
Filed: December 20, 2007

Dear Readers,
The past week has seen cycling in the news again: The Senate stripped the bicycle commuter tax benefit from the Energy bill, while reinstating the Hummer tax benefit, which the House had removed from the energy bill; meanwhile, in Portland, yet another cyclist was killed in a collision with a motor vehicle. Finally, the State of Iowa may be poised to limit the rights of cyclists. I will be exploring these and many other issues in upcoming columns in the new year.

http://velonews.com/news/fea/13818.0.html
Wasn't there a Bob Mionske who was a 1988 road Olympian? Same guy?

My unfortunate punishment for being good at math is that I'm a tax accountant these days. ANY item to do with bikes is going nowhere for at least (counting down) 13 months.

Edit: went to the link. Same guy. Cool.

Last edited by melville; 12-27-07 at 04:07 PM. Reason: actually read something
melville is offline   Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -6. The time now is 09:57 AM.