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Is it a Breath of Fresh Air? Costs and Benefits of a Transportation Tax Credit Brian Wikle Office of the Legislative Fiscal Analyst.

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Presentation on theme: "Is it a Breath of Fresh Air? Costs and Benefits of a Transportation Tax Credit Brian Wikle Office of the Legislative Fiscal Analyst."— Presentation transcript:

1 Is it a Breath of Fresh Air? Costs and Benefits of a Transportation Tax Credit Brian Wikle Office of the Legislative Fiscal Analyst

2 Resolution: The Utah State government should provide a tax credit or incentive to Utah businesses that provide their employees with a public transit pass.

3 Resolution: The Utah State government should provide a tax credit or incentive to Utah businesses that provide their employees with a public transit pass. Utah State reduces taxes for a business A business buys a transit pass for employees

4 How do People Get to Work?

5 Costs for each option Benefits for each option

6 Costs Gasoline Car repairs Time to drive Risk of accident Air pollution Road congestion Benefits Door to door Flexible schedule Flexible route Privacy

7 Costs Ticket cost Time to ride UTA schedule Not door to door Benefits Less road congestion Cleaner air ???

8 Costs Less convenient More time Benefits Free transportation Costs and Benefits of the Resolution

9 Costs Buying transit passes Benefits Lower tax payments Costs and Benefits of the Resolution

10 Costs Lower tax revenue Benefits Less road congestion Cleaner air ??? Costs and Benefits of the Resolution

11 Congestion Some commuters use transit even though they own a car; they may reduce the number of vehicles on roads by 21,000 round trips each day. (Office of the Utah Legislative Auditor General) What percent of employees provided a transit pass will use it rather than their own car?

12 Cleaner air ???


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