Barry Harmon wrote:
> Ron Wallenfang <rwallenfang@[EMAIL PROTECTED]
> wrote in
> news:d87e2913-ada3-47e2-9429-d919f0277aa0@[EMAIL PROTECTED]
>
>> On Oct 5, 10:00 pm, tkeats2...@[EMAIL PROTECTED]
(Tom Keats) wrote:
>>> In article
>>> <93cc1e8f-21de-4212-90e4-0c1e779cc...@[EMAIL PROTECTED]
>> .com>,
>>> Ron Wallenfang <rwallenf...@[EMAIL PROTECTED]
> writes:
>>>
>>>
>>>
>>>
>>>
>>>> On Oct 5, 4:08 pm, "ZBicyclist" <ZBicycl...@[EMAIL PROTECTED]
> wrote:
>>>>> ON-TOPIC SECTION:
>>>>> A friend send me this link.
>>>>> http://www.bicycleretailer.com/news/newsDetail/1878.html
>>>>> "Employers of people who bike to work stand to gain a $20 per
>>>>> month tax credit per cycling employee, according to the final
>>>>> version of the Wall Street bailout bill"
>>>>> OFF-TOPIC SECTION
>>>>> Although I am one of the Americans most likely to benefit from
>>>>> this provision, I find myself getting madder upon re-reading the
>>>>> story.
>>>>> There's a civics lesson here, but it's not a good one -- evidently
>>>>> you can pass any piece of crap, no matter how expensive and how
>>>>> self-contradictory in its poorly-thought-out logic, provided
>>>>> there's something in it for enough members of Congress. These
>>>>> aren't necessarily bad things being added, but they aren't
>>>>> necessarily good things either.
>>>>> --
>>>>> Mike Krugerhttp://mikekr.blogspot.com/
>>>> Although I'm a regular bicycle commuter, I think this is a
>>>> perfectly terrible idea. Every scoundrel in America can claim a
>>>> credit like that, and who's there to check up on them? A
>>>> fundamental requirement of a tax law, IMHO, is that it can be
>>>> enforced with reasonable fairness, including not being subject to
>>>> easy abuse. I'm very skeptical that can be easily done with a tax
>>>> credit for bicycle commuters.
>>> As I read Mike's post, the tax credit wouldn't be applied
>>> to bicycle commuters, it would be applied toward /employers/
>>> of bicycle commuters. 20 bux per cycle-commuting employee.
>>>
>>> cheers,
>>> Tom
>>>
>>> --
>>> Nothing is safe from me.
>>> I'm really at:
>>> tkeats curlicue vcn dot bc dot ca- Hide quoted text -
>>>
>>> - Show quoted text -
>> Agreed. I should have said: every scoundrel who files a business tax
>> return can claim the credit - for who knows how many employees.
>>
>
> Following on that idea. The government had a program whereby they
> figure out how big businesses are and how many people they employ.
>
> Notice I said "figure out," since they don't count employees. The
> program took into consideration how long the business had been
> operating, where it was and what industry it was in.
>
> I don't know if this is still in operation, but it would be dead easy to
> figure out how many employees you "had" and then claim every one of
> them.
>
> My business was supposed to "have" 12 employees, when I had none.
>
> Your government at work spending your tax dollars in the most efficient
> way. Doubly good, since this program was the basis of the claim to have
> created X number of jobs.
>
> Barry Harmon
Your employer is supposed to file payroll tax returns on its employees.
This idea (some type of tax credit for cycle communitng) does not
sound too likely to gain sup****t, in any case. (Fat cats don't ride
bikes???)
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