If Congress’ failure to act before the end of 2011 had produced a tax increase on millionaires, the howls would have been heard round the world.
Because failure to act merely increased taxes for people who ride public transit, well, who cares? Only poor people ride mass transit. (Not really, but …) The tax preference for parking fees for commuters, even those who solo drive a car to work from a great distance, is going up, however, according to this news release from the public transit lobby. Makes sense. Have to keep up demand for gasoline.
The tipster who passed this along commented that he presumed Grover Norquist wouldn’t count this tax increase as a violation of the Republican pledge.