THE (HIDDEN) COST OF EMPLOYER PARKING POLICIES* |
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Authors: | Jos Van Ommeren Derk Wentink |
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Institution: | 1. VU University and Tinbergen Institute, Amsterdam the Netherlands;2. VU University, the Netherlands |
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Abstract: | It has been argued that distortionary tax policies, which stipulate that employer parking is not taxed as a benefit in kind, as well as minimum parking requirements induce welfare losses. Using Dutch data, we show that current tax policies induce welfare losses of about 10% of employer parking resource costs. Hypothetical minimum parking requirements for employers, at levels currently applied in the United States, induce an additional deadweight loss of 18% of employer parking resource costs. |
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