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Department of the Treasury

Eliminate Qualified Transportation Benefits

At an annual cost of $4.5 billion (estimated by the Joint Committee on Taxation) Qualified Transportation Benefits (QTF)’s are given to employees for taking transit, or driving their cars to and from work, as well as for parking and bike commuting. Statute 132(f), as part of the federal tax code was established in 1993 as a tax incentive to employees, and to encourage their use of mass transportation in order to reduce... more »