H.R. 2105.....SWEET!!!

RoadBikeRider.com sends out an newsletter every week to over 65,000 cyclists (thank you Larry). This week they had a little blurb about H.R. 2105. Here is what they had to say:

Tax deductions for the purchase of bikes and accessories may be coming. U.S. lawmakers have introduced the Personal Health Investment Today Act of 2009 (H.R. 2105) in the House of Representatives. The bill calls for deductions of up to $1,000 per year for expenses used to stay physically fit and active. Qualifying would be health club memberships, personal instruction and some equipment used for exercise, probably including bicycles. The impetus for the bill is a World Health Organization study that says a $1 investment in physical activity would reduce medical expenses by $3.20 in the U.S., and 2 out of 5 Americans would increase exercise if offered a financial incentive.

You can read the bill here.

I am just going to throw this out there but is it maybe possible that the people that do exercise really enjoy it and therefore spend money on the things they enjoy. Has the WHO priced a custom Independent Fabrications bike lately? I do hope that it does work as an incentive for those that are on the fence needing something to push them over.

Let the discussion start.