WASHINGTON (AP) - D.C. Council Chairman Kwame Brown says the budget he will present to the council isn't going to include income and property tax increases.
Mayor Vincent Gray has proposed raising taxes on those who make $200,000 or more, but Brown tell the Washington Examiner that income and property tax increases "are not on the table." The tax increases were expected to raise about $35 million, but Brown didn't release details on how that money would be accounted for without the increases.
The mayor presents a budget to the council, but the chairman usually reshapes it and presents his own version. Brown is scheduled to present his budget on May 25.
Brown says the fiscal 2012 budget will also not include any pension reform legislation.
Information from: http://www.washingtonexaminer.com