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D.C. Council orders study of new business tax as officials eye budget-gap fillers | Washington Business Journal

July 09, 2026
  • D.C. Policy Center

On July 8, 2026, Executive Director Yesim Sayin was quoted in Washington Business Journal:

Yesim Sayin, executive director of research and analysis with the D.C. Policy Center think tank, which grew out of the pro-business Federal City Council, said the business activity tax won’t support economic growth in the District at a time when it’s already struggling to attract and retain investment.

“We’re kind of like diving onto these ideas, hoping to think that these will solve our problems, but they won’t, because the underlying problem is that the demand for the city is really, really low, and our expenditures are growing much faster than our revenues, so we’re trying to tax parts of our economic base that’s already dwindling,” Sayin said.

“I think the bigger problem that the city has is, how do we balance our budgets in a way that our recurring expenditures are being paid by our recurring revenues?” she added. “We’re not there at all.”

Read more: D.C. Council orders study of new business tax as officials eye budget-gap fillers

Additional reading: A city that works

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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.

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