Schumer Pushes Electric Cars — Here’s Why He’s Wrong
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Message to the senior senator from New York: Electric cars are still cars — and they still suck.
Recent Streetsblog USA posts about Charles Schumer
Democrats Can’t Fight Trump and Make a Deal on Infrastructure at the Same Time
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Chuck Schumer says he will "claw, scrap, and fight with every fiber of my being" to overturn Donald Trump's executive order preventing refugees and residents of seven Muslim-majority countries from entering the country. If that's the case, Schumer should abandon his strategy of dealmaking with Trump on a big infrastructure bill.
Steve Bannon Would Love to Team Up With Chuck Schumer on Infrastructure
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Trump advisor Steve Bannon's comments to the Hollywood Reporter about infrastructure are worth a closer look. It helps explain why Democrats like Chuck Schumer and Nancy Pelosi are making a grave mistake when they line up to help Trump implement this plan.
Chuck Schumer Proposes Making Bike-Share Memberships Tax Deductible
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If you drive to work, the IRS allows you to pay for parking with pre-tax money. Same goes if you take the train or the bus (though transit commuters can’t claim as much tax-free earnings as car commuters). People who ride their own bikes are also eligible to deduct some associated costs. But if you […]
Schumer Amendment: Make Transit Tax Benefit Equal to Parking Benefit
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The last piece of the Senate’s two-year transportation reauthorization proposal will be marked up by the Finance Committee tomorrow at 3:00 p.m. The committee was tasked with finding approximately $12 billion to bridge the projected shortfall of the Highway Trust Fund over the life of the bill. So far, according to a summary released by Chairman […]
Commuter Transit Tax Break Could Reclaim Parity With Parking in 2012
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As Congress prepares to reconvene and take up the payroll tax cut extension yet again, a movement is forming to restore the transit commuter tax benefit to 2011 levels. Transit advocates across America were disheartened when Congress failed to maintain parity between the transit and parking pre-tax commuting benefits last month. On New Year’s Day, […]