Janice Lewis-George Selected as Next Washington D.C. Mayor; Discussions on New Business Activity Tax
- 1City Councilmember Janice Lewis-George defeated Kenyon McDuphy in the June Democratic primary to become the next Washington D.C. mayor.
- 2The D.C. Council has ordered a feasibility study report on the implementation of the BAT (Business Activity Tax) in July.
- 3The 2% BAT policy would bring an additional 500,000,000 in annual tax revenue to the city.
So what's the key point?
Janice Lewis-George is set to be the next Washington D.C. mayor. The City Council is reviewing the introduction of a new business tax that could collect an additional 500,000,000 in taxes.
Source CNBC · View original ↗
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