The World Business

Posts Tagged ‘Randy Rentschler’

Just when almost everyone will get a tax deduction, a tax cuts to expire would force hundreds of thousands of workers to pay more for their daily expenses: round trip to work. Mass public transport users can save up to $ 1,000 per year under the federal tax cuts that will be deducted after 31 December. Unless Congress takes action, the savings they will cut almost in half. The blow was particularly painful because it will happen when the transportation costs go up in New York, Washington and other cities.