This is a great idea in so many ways, gets the commuter off gas, driving prices down, the average car turn over would go down, again driving car prices down, the cycle is never ending. Plus since most or 60% of americans are overweight or obese, monetarily this should do something to get them moving.
In UK it seem to work like this:
The scheme, which has seen more than 400,000 people purchase a bicycle tax-free through their employer, is under threat after Her Majesty's Revenue and Customs called for a review.
Read more:
Seems as though this is a no-brainer, how great would it be to be going down the road and have bikes on it instead of cars, what a great thought.
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