Showing posts with label Inflation Reduction Act. Show all posts
Showing posts with label Inflation Reduction Act. Show all posts

11 August 2022

Why They Left Out Bicycles

On Sunday, the US Senate passed the Inflation Reduction Act. Perhaps not surprisingly, the vote split along party lines, with the 50 Democrats voting for it and 50 Republicans rejecting it.  Vice President Kamala Harris, a Democrat, broke the tie.

As I understand it, the Inflation Reduction Act is a shrink-wrapped, rebranded version of what Biden and other Democrats actually wanted. The fact that some things that were included in the Build Back Better Act, which passed in the House of Representatives, were omitted from the IRA is no more an oversight than calling it the "Inflation Reduction Act" was not an attempt to make the energy- and environmentally-related aspects of it more palatable to the Senate's two most right-leaning Democrats, Kirsten Sinema and Joe Manchin.

One key omission were tax breaks and other subsidies for bicycles and other two-wheeled vehicles that are powered wholly or in part by human energy. The original Build Back Better proposal included a $900 tax credit for the purchase of an electric bicycle and a pre-tax benefit to help commuters with the costs of bicycling to work.  




That tax credit was available to cyclists before 2017, when Republicans repealed it as part of the Tax Cuts and Jobs Act.  The Build Back Better Act would have essentially restored it but I think Chuck Schumer, the Democratic leader of the Senate, who worked with Manchin on the IRA, realized that he had to take out some of its "greener" parts to get Manchin and Sinema to agree to it.

I say that it's unfortunate, not only because I am a cyclist.  As Harvard Kennedy Center visiting  fellow David Zipper told Alex Dougherty of POLITICO, "We need not just to shift people from gasoline to electric cars. We need people to shift from cars, period." But, as he points out, there's nothing in IRA that "makes that process easier or faster or more likely to happen."

Any piece of legislation that ostensibly has anything to do with the environment or energy but omits bicycles is a bit like a bouillabaisse without fish or a caponata without eggplant.