On March 29, DCist quoted D.C. Policy Center Executive Director Yesim Sayin Taylor in a piece titled “Should D.C. Stick To Its Schedule To Cut Taxes?”
“I think you can make an argument for spending more on affordable housing and education, but that we have fiscal distress in our future is not the reason why,” says Yesim Sayin Taylor, the director of the D.C. Policy Center, which is housed within the business-focused Federal City Council. “If we have a lot of fiscal risks, we should not really spend more—especially on education, which is structural and will come year after year.”
Taylor also notes that some of the tax cuts benefit the communities that advocates are trying to help. An increase in the standard deduction, for example, has a disproportionate impact for low and middle-income families. And lowering the business tax will have a disproportionate impact for small businesses, which can’t take advantage of loopholes the way that large corporations can. “Undoing those are not necessarily a good trade off,” she says.
You can read the full piece at DCist.