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

Go Back   > >

Advocacy & Safety Cyclists should expect and demand safe accommodation on every public road, just as do all other users. Discuss your bicycle advocacy and safety concerns here.

User Tag List

Thread Tools Search this Thread
Old 02-26-08, 05:44 PM   #1
Senior Member
Thread Starter
randya's Avatar
Join Date: Jul 2003
Location: in bed with your mom
Bikes: who cares?
Posts: 13,696
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Bike Commuter Act and Closing of 'Hummer Loophole' on Congress' Agenda

Originally Posted by BikePortland
On the heels of record profits by the big five oil companies, U.S. Congressman Earl Blumenauer (D-Portland) will once again try to enact a tax benefit for bike commuters and close the “Hummer tax loophole.”

The bike commuter tax benefit (a.k.a. the Bike Commuter Act and the Conserve By Bike provision) would amend the IRS code to include “bicycles” in the definition of transportation covered by fringe benefits. The Hummer tax loophole would fix what Blumenauer refers to as “a serious mistake” in the tax code that provides an additional tax break for business purchases of luxury SUVs weighing over 6,000 lbs.

According to a statement from Blumenauer’s office announcing vote, several weeks ago Exxon Mobil reported earning $40.6 billion in 2007 — the largest corporate profit in American history — equal to $132 for every U.S. resident (or $1,287 of profit for every second of 2007).

The bike commuter and Hummer loophole provisions are two of four provisions introduced by Blumenauer that are part of the Renewable Energy and Energy Conservation Tax Act (H.R.5351) that the House will vote on tomorrow.

Both provisions were part of an Energy Plan that passed the House back in August, but were later stripped by the Senate before passage of the Plan.
full story

Last edited by randya; 02-26-08 at 06:02 PM.
randya is offline   Reply With Quote
Old 02-28-08, 09:54 AM   #2
totally louche
Bekologist's Avatar
Join Date: Oct 2004
Location: A land that time forgot
Bikes: the ever shifting stable loaded with comfortable road bikes and city and winter bikes
Posts: 18,025
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
why are you so anti motoring, randya?
Bekologist is offline   Reply With Quote

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 09:24 PM.

  • Ask a Question
    get answers from real people!
Click to start entering your question.