Friday, September 19, 2008

Democrat's Solution To Energy? "Ride A Bike"


By Terence P Jeffrey

Democratic leaders in the House of Representatives sent a message this week to hard-working commuters forced to pay historically high prices for gasoline:

"Ride a bike".

The message was buried on page 255 of a 290-page bill the Democratic leadership introduced at 9:45 p.m. on Monday night, forced through the Rules Committee at 10:00 p.m., and put up for a "debate" and final vote -- with no amendments allowed -- on Tuesday evening.

Section 827 of the bill defines the "Transportation Fringe Benefit to Bicycle Commuters."

It says: "The term 'qualified bicycle commuting reimbursement' means, with respect to any calendar year, any employer reimbursement during the 15-month period beginning with the first day of such calendar year for reasonable expenses incurred by the employee during such calendar year for the purchase of a bicycle and bicycle improvements, repair and storage, if such bicycle is regularly used for travel between the employee's residence and place of employment."

Bottom line: Employers could count as a deductible business expense a tax-free $20 monthly reimbursement to workers who bike to work.

Meanwhile, the bill, as explained to me by Republican congressional sources who combed through it in the hours before and after it passed, would effectively outlaw development of America's vast offshore oil resources.
...the rest of the story.

So one of you Democrats tell me, these bikes come with snow tires?


Labels: ,


Post a Comment

<< Home