Is it a Breath of Fresh Air? Costs and Benefits of a Transportation Tax Credit Brian Wikle Office of the Legislative Fiscal Analyst.
Post on 15-Jan-2016
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Is it a Breath of Fresh Air?Costs and Benefits of a Transportation Tax
Credit
Brian WikleOffice of the Legislative Fiscal Analyst
Resolution:• The Utah State government should provide a tax
credit or incentive to Utah businesses that provide their employees with a public transit pass.
Resolution:• The Utah State government should provide a tax
credit or incentive to Utah businesses that provide their employees with a public transit pass.
Utah State reduces taxes for a business
A business buys a transit pass for employees
How do People Get to Work?
How do People Get to Work?
• Costs for each option• Benefits for each option
Costs• Gasoline• Car repairs• Time to drive• Risk of accident• Air pollution• Road congestion
Benefits• Door to door• Flexible schedule• Flexible route• Privacy
Costs• Ticket cost• Time to ride• UTA schedule• Not door to door
Benefits• Less road congestion• Cleaner air ???
Costs• Less convenient• More time
Benefits• Free transportation
Costs and Benefits of the Resolution
Costs• Buying transit passes
Benefits• Lower tax payments
Costs and Benefits of the Resolution
Costs• Lower tax revenue
Benefits• Less road congestion• Cleaner air ???
Costs and Benefits of the Resolution
Congestion• Some commuters use transit even though
they own a car; they may reduce the number of vehicles on roads by 21,000 round trips each day. (Office of the Utah Legislative Auditor General)
• What percent of employees provided a transit pass will use it rather than their own car?
Cleaner air ???
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