Should D.C. Stick To Its Schedule To Cut Taxes? – DCist

March 29, 2017
  • D.C. Policy Center
Featured Image
Photo/Ted Eytan. Used with permission.

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.

Author

D.C. Policy Center


Established in 2016, the D.C. Policy Center is a non-partisan research and policy organization committed to advancing policies for a strong and vibrant economy in the District of Columbia. Through rigorous research and collaboration, the D.C. Policy Center develops and tests policy ideas, disseminates its findings, and engages in constructive dialogue and debate.

For more information, please see our About page.