My commute is a political football

20141006_181448I received this note in my inbox from my benefits provider this morning:

The Tax Increase Prevention Act of 2014, signed into law on December 19, 2014, retroactively increased the tax-free mass transit benefit from $130 to $250 for the 2014 calendar year.

But, I feel a little used.  This happens each year.  The benefit is treated as a bargaining chip inside the mess that is our Congress.  It is used as a way for elected officials to say, “Hey, look what we did for you.  We got you $250 of tax-free transit.”  Or, in non-transit states, “we didn’t raise your taxes because we found some money in a place you wouldn’t look anyway.  Don’t forget to vote in November.”

The sad part is this is just for 2014.  In 2015, now, we go back to $130.

Why it is bounces back and forth makes very little sense seeing it doesn’t really cost a whole lot.

From the House Ways and Means Committee,

According to JCT , this provision would reduce revenues by $10 million over 2015-2024.

$10 million over 10 years.  That’s doesn’t sound like a lot of money. But, it is Congress, why should it make sense.

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