Since I strongly embrace a "small government is good government" philosophy, I've been totally distressed and disgusted by the Wall Street Bailout Plan. Firstly, if those Wall Street Geniuses are so incompetent they can't successfully run their businesses, should we let them squander even more of our citizen dollars by the semi-truckload? Secondly, the haste to pass the bill is uncomfortably similar to the classic carnival-hawker Hard Sell: "Act today, because the offer expires today!" I'm not comfortable at all with it, like a meaningful majority of my fellow citizens. Like it or not, our "representatives" have sent it on through, and President Bush, a proven proponent of Big Government, immediately signed it.
But wait! Do I detect a silver lining in that dark cloud?
Turns out that one of the "sweeteners" the second time around was the attachment of the "bicycle commuting tax credit."
What is it?
It's a $20-per-month tax credit per cycling employee. (Make sure your CEO knows!) If your employer provides safe haven for bicycles, or showers and lockers, or what-have-you to benefit bike commuters, the credit is available.
Essentially, it levels the playing field on behalf of cyclists. For quite some time, employers have benefited from providing parking for employees who drive to work, or assisting with mass transit -using workers. It has long been championed by Congressman Earl Blumenauer, the cyclists' best friend in D.C. (I have more admiration for the man now; he voted against the Bailout, even with the added pork... which was obviously put in there to tempt him.)
For more info, check HERE.