{"id":182598758,"date":"2010-10-15T09:52:38","date_gmt":"2010-10-15T09:52:38","guid":{"rendered":"https:\/\/wp.baltimorespokes.org\/?p=182598758"},"modified":"2010-10-15T09:52:38","modified_gmt":"2010-10-15T09:52:38","slug":"hey-i-want-a-tax-free-subsidy-too","status":"publish","type":"post","link":"https:\/\/wp.baltimorespokes.org\/?p=182598758","title":{"rendered":"Hey, I want a tax free subsidy too."},"content":{"rendered":"<p>from Streetsblog Capitol Hill<br \/>\n&#8230;<br \/>\nCato\u2019s free parking severely distorts transportation prices. The market price of commuter parking in the commercial garage closest to Cato is $255 a month, so Cato\u2019s free parking subsidizes the cost of driving to work by $255 a month. Because employer-paid parking is a tax-exempt fringe benefit, Cato pays the free parkers a tax-exempt subsidy of $3,060 a year ($255 x 12).<br \/>\n&#8230;Cato\u2019s free parking reduces the out-of-pocket cost of driving to work by two-thirds&#8230;.<br \/>\n<!--more--><br \/>\n<a href=\"https:\/\/www.streetsblog.org\/2010\/10\/13\/shoup-npr-puts-a-price-on-parking-why-not-cato\/\">https:\/\/www.streetsblog.org\/2010\/10\/13\/shoup-npr-puts-a-price-on-parking-why-not-cato\/<\/a>oldId.20101015095238157<\/p>\n","protected":false},"excerpt":{"rendered":"<p>from Streetsblog Capitol Hill &#8230; Cato\u2019s free parking severely distorts transportation prices. The market price of commuter parking in the commercial garage closest to Cato is $255 a month, so Cato\u2019s free parking subsidizes the cost of driving to work by $255 a month. Because employer-paid parking is a tax-exempt fringe benefit, Cato pays the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/wp.baltimorespokes.org\/?p=182598758\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Hey, I want a tax free subsidy too.&#8221;<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"1","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-182598758","post","type-post","status-publish","format-standard","hentry","category-biking-elsewhere"],"_links":{"self":[{"href":"https:\/\/wp.baltimorespokes.org\/index.php?rest_route=\/wp\/v2\/posts\/182598758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wp.baltimorespokes.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wp.baltimorespokes.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wp.baltimorespokes.org\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/wp.baltimorespokes.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=182598758"}],"version-history":[{"count":0,"href":"https:\/\/wp.baltimorespokes.org\/index.php?rest_route=\/wp\/v2\/posts\/182598758\/revisions"}],"wp:attachment":[{"href":"https:\/\/wp.baltimorespokes.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=182598758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wp.baltimorespokes.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=182598758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wp.baltimorespokes.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=182598758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}