Wednesday, Pete joined Examiner columnist Harry Jaffe on NewsTalk with Bruce DePuyt on TBD/Ch8 to discuss the D.C. budget. 85 percent of District residents support higher taxes on the District’s highest income earners in order to avoid cuts to services, according to a recent study commissioned by DC Fiscal Policy Institute and conducted by Hart Research Associates.
April 1, Mayor Vincent Gray submitted his budget to the D.C. Council. Two-thirds of Gray’s $190 million in proposed cuts comes from human services, which account for just one-fourth of the budget. Gray’s budget also calls for a slight (8.5 to 8.9 percent) tax increase on household income in excess of $200,000.
May 25 the D.C. Council will vote on the 2012 budget. Today, the Council appears to be evenly split (or possibly even one vote short) on whether to approve Gray’s slight tax increase.
Watch Pete debate Harry Jaffe:
Part 1 (16:38 – 25:00)
Part 2 (32:46 – 43:37)