Tax Credit for Bicyclists

[Tom Roberts]

I recently read a short article in "Bicycling" Jan/Feb 2009 which stated that businesses would receive a $20/mo. tax credit for every employee who rides to work. The employer can then pass along that credit to the worker. This is a provision in the Emergency Economic Stabilization Act of 2008. Does anyone know when this goes into effect?
Thanks, Tom

 

[Mark B]

Tom Roberts wrote: I recently read a short article in "Bicycling" Jan/Feb 2009 which stated that businesses would receive a $20/mo. tax credit for every employee who rides to work. The employer can then pass along that credit to the worker. This is a provision in the Emergency Economic Stabilization Act of 2008. Does anyone know when this goes into effect?
Thanks, Tom

Jan 1 is when that is supposed to kick in. You can read more HERE.

Mark

 

[Kamatu]

Interesting if it passes.

Quote: Allows a new tax credit for the production of plug-in hybrid vehicles. Defines "qualified plug-in hybrid vehicle" as a motor vehicle weighing less than 14,000 pounds that meets certain emission standards under the Clean Air Act and that is propelled to a significant extent by an electric motor that draws electricity from a rechargeable battery.

Depending on the size of the credit and other wiggle stuff, it might spark a boost in electric bikes/trikes, possibly with full fairings.

 

[Mark B]

Electric isn't the end-all answer, though. Especially here in SoCal where the price is high and the grid already strained to the seams in summer time.

Mark

 

[Kamatu]

Mark B wrote: Electric isn't the end-all answer, though. Especially here in SoCal where the price is high and the grid already strained to the seams in summer time.

Mark

Well, it would be if the "solution" to "evil" polluting power generation wasn't banning technologically improved greener facilities. With rational nuclear, it would actually come close to the end-all answer.

 

[Mark B]

Kamatu wrote:

Mark B wrote: Electric isn't the end-all answer, though. Especially here in SoCal where the price is high and the grid already strained to the seams in summer time.

Mark

Well, it would be if the "solution" to "evil" polluting power generation wasn't banning technologically improved greener facilities. With rational nuclear, it would actually come close to the end-all answer.

So, what do you propose to do with the waste? That's the issue on nuclear. Nobody wants that crap being hauled and or stored in their back yard. Me included.

I agree that a lot more could be done with solar/wind generation and I think you will see more of it soon. I understand they've come up with a way to manufacture solar panels that's more cost effective and efficient. Personally, I think then they build new homes, solar panels and wind generators should be part of the deal.

Mark

 

[MrSteve]

Mark B wrote:

So, what do you propose to do with the waste? That's the issue on nuclear. Nobody wants that crap being hauled and or stored in their back yard. Me included.

I agree that a lot more could be done with solar/wind generation and I think you will see more of it soon. I understand they've come up with a way to manufacture solar panels that's more cost effective and efficient. Personally, I think then they build new homes, solar panels and wind generators should be part of the deal.

Mark

Yeah on the waste question.
That one always shut my dad up.
Dad, the electrical engineer on-site at both military and civilian
nuclear (NOT 'nuculer'!) power plants.

Then there's this other little problem:
people make machines.
People make mistakes.
Machines, made by people, make mistakes.

For example?
Look at the recent containment failure of the holding pond
at the Eastern TN. coal-fired power plant.

Another?
Three Mile Island.

Another?
Chernoble.

That's it, that's my case, I rest.

-Steve

 

[Mark B]

yakmurph wrote:

Mark B wrote:

So, what do you propose to do with the waste? That's the issue on nuclear. Nobody wants that crap being hauled and or stored in their back yard. Me included.
Mark

Yeah on the waste question.
That one always shut my dad up.
Dad, the electrical engineer on-site at both military and civilian
nuclear (NOT 'nuculer'!) power plants.

Then there's this other little problem:
people make machines.
People make mistakes.
Machines, made by people, make mistakes.

For example?
Look at the recent containment failure of the holding pond
at the Eastern TN. coal-fired power plant.

Another?
Three Mile Island.

Another?
Chernoble.

That's it, that's my case, I rest.

-Steve

Exactly the point. As great of power source as nuclear energy is; it's not worth the cost, IMHO. A lot of the trouble is; people can't quit thinking along the lines of one central producer that makes electricity for everybody and we buy it from them. I guess that's capitalism at it's finest. I like the idea of getting off the grid and making my own electricity. Unfortunately, even with the programs available to offset the cost, the buy-in is still pretty steep.

Mark