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NYC Mayor Finding Skeptics in the Business Sector; DC Debates New Budget Proposal that Sparked “Yoga Tax”Talk- The Late Edition, June 16 2014

by jihun han / /

Today's Taxpayer News!

Despite New York City Mayor Bill de Blasio’s recent tax proposal, some businesses are still concerned about the Mayor’s overall agenda that includes an effort to increase the minimum wage. The Wall Street Journal has more!

The Washington D.C. Council is proposing a new budget that would expand the sales tax to a number of things including gym memberships. Some are soundly against the proposal, although the so-called “yoga” tax is just one aspect of a package that would cut the city’s income tax rates. Proponents believe this income tax will be more than enough to offset the added sales tax.