Transportation Equity: New Report on Parking Subsidies
Thanks to Crossroads reader (and RenewLV supporter), Jon Geeting, for bringing my attention to a newly-released report by Subsidyscope on federal transportation spending. Streetsblog: New York posted a great commentary on the report data, discussing, in part, how workers could receive an over-$200 monthly tax write off for parking expenses, while transit tax benefits only amounted to about $100 monthly. Moreover, the post brings attention to the inequity between federal support for highways projects (totaling about $30 billion last year) and federal support for transit (around $9 billion).
The report outlines the various ways in which government allocates transportation funding, and, for all the policy wonks out there, it goes into much detail over the differences between subsidies and direct spending.
To keep up to date on transportation issues, both on the national and local level, become a supporter of RenewLV by visiting our Join Us page.