@kimmaicutler do you know if employees of SV cos. using private coaches to work pay taxes on that as income? Do the cos. pay those taxes?
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Replying to @rstephens
@rstephens@kimmaicutler they aren't a taxable benefit according to the IRS http://www.irs.gov/pub/irs-pdf/p5137.pdf#page21 …2 replies 0 retweets 0 likes -
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Replying to @kimmaicutler
@kimmaicutler@tolles as private ride-sharing/carpooling encroaches on public transit, raises issue of long-term issues, purpose.3 replies 0 retweets 0 likes -
Replying to @rstephens
@rstephens@tolles I don't know about that. Vast majority of public mass transit systems globally lose money, require subsidies1 reply 0 retweets 0 likes -
Replying to @kimmaicutler
@kimmaicutler@tolles I have no issue with private transit, just it will likely create issues regarding those subsidies.4 replies 0 retweets 0 likes -
Replying to @rstephens
@rstephens@tolles Europe and UK understand the importance of subsidies for mass transit http://www.nationaljournal.com/magazine/amtrak-acela-high-speed-trains-20150417 … US hasn't for 50+ yrs1 reply 0 retweets 0 likes -
Replying to @kimmaicutler
@kimmaicutler@tolles even weirder, that if private fringe benefit is not taxable, does that make it a de facto subsidy for private transit?5 replies 0 retweets 0 likes
@rstephens @tolles btw, bart & Caltrain have decent fare box recovery ratios for North America http://en.m.wikipedia.org/wiki/Farebox_recovery_ratio …
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