We all know that gas prices are going up, up, up, and that as a result more people are riding mass transit. But what about commuting to work on your bike? According to this blog post from Freakonomics, Dutch workers can use up to $750 of pre-tax income triennially to purchase bikes. In offering this subsidy, the Dutch government aims to incentivize short-distance commuters and decrease air pollution. Added bonus: a more active and healthy population. Makes sense to me.
Do you ride your bike to work? If not, would you if (OK, when) gas prices rise even higher?
Join or Renew With AARP for Just $16 a Year
- Discounts on travel and everyday savings
- Subscription to AARP The Magazine
- A voice in Washington and in your community
- Free membership for your spouse or partner