Eliminating the public transit tax benefit could undercut Metrolink's operating budget, agency officials said.Photo – Metrolink
Metrolink's leaders have asked Congress to maintain a tax deduction benefit for businesses that provide transit passes to their employees.
A proposal in the U.S. House's version of the Tax Cuts and Jobs Bill would remove the federal deduction for public transportation benefits. The change could eliminate the incentive for employers to encourage their workers to use public transit, Metrolink officials said in a press release.
Copyright
© © TradePress Media Group, Inc.