DC Rethinks Impact, Rejects Advertising Tax

Just a few weeks ago, the Washington DC City Council seemed hell-bent on balancing its municipal budget on the backs of already suffering businesses, but at long last, common sense has apparently prevailed. The DC Council approved a $16.8 billion budget for FY 2021 this week and in doing so, abandoned a new 3 percent…

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Paying for the Pandemic in Cities

City governments are constantly lamenting the loss of tax and other revenues and are now mapping plans to restore their revenue streams whether there’s more federal money or not. Too often, that means increased taxes for the business community.  As a case in point, amid widespread opposition, the DC Council preliminarily approved a FY21 budget…

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