Included in the package of tax increases was the restoration of a commuter benefits program that allows workers to pay for up to $240 of their monthly transit costs with pre-tax dollars. Transit passengers could exempt up to $1,500 of their annual commute costs from taxes as a result of the legislation.
Read more at the San Francisco Examiner: http://www.sfexaminer.com/local/transportation/2013/01/transit-benefits-package-unexpectedly-included-fiscal-cliff-deal#ixzz2H7eqXwvZ
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