United States Air and Radiation . EPA420-F-00-015 Environmental Protection Agency May 2000 '-'•-. ' Office of Transportation and Air Quality •• Commuter Choice Benefits for Commuters, Companies, Communities . TRAQ Website: www.epa.gov/otaq/traq EPA's Transportation Air Quality Center Telephone Information Request Line: (734) 214-4100 ------- w hat is Commuter Choice? Commmuter Choice is a best business and management practice that encourages a broad range of community options by providing financial and other incentives to employers and employees. Who will benefit from Commuter Choice? Employees: Save money More transportation choices Employers: - Save on payroll taxes - Enhance recruiting and retention Entire Communities: - Improve air quality and reduce congestion - Improve quality of life through more transportation choices - Increase use of transit, vanpools, carpools, bikepaths and walkways E xamples of possible savings r An ^.! employee can save $218 in 1 taxes. r -[--. A large employer r can realize $1 million An employee who sets aside $65 a month before taxes for transit benefits, receives a total of $780 per year in untaxed compensation. At a tax rate of 28%, the employee has $218 in actual annual tax savings. For a business with in payroll 25,000 employees ( tax Savings. who each set aside $65 a month before taxes for transit benefits, the employer does not have to pay federal payroll taxes on $19.5 million per year. At a tax rate of 6%, the employer has an annual tax savings of over $1 million. EPA's Transportation Air Quality Center Telephone Information Request Line: (734) 214-4100 Find it all at http://www.epa.gov/otaq/traq ------- Tax Law Information • Information is available on the IRAQ website about recent tax law changes H, State Implementation Plan (SIP) Guidance • Detailed description of how states and regions can incorporate emissions reductions from Commuter Choice Programs into their efforts to meet Clean Air Act requirements .ow do I find out more about Commuter Choice? I I I I I I Commuter Choice Fact Sheets -*- Overview information -*• Detailed description of benefits for employers and employees Check out the Website www.epa.gov/otaq/traq EPA's Transportation Air Quality Center Telephone Information Request Line: (734) 214-4100 Printed on recycled paper that contains at least 20% post consumer fiber. ------- |