D.C. Council Chairman Kwame R. Brown (D) today responded to Gray’s seven-page missive defending his veto of a bill delaying the onset of a new tax on municipal bond proceeds.
In the one-pager, Brown basically says we agree to disagree: “Mayor Gray, you and I disagree on the reasons for your pocket veto. We also disagree on raising income taxes to fix our budget challenges. ... I welcome this opportunity for us to work together to identify ways to mitigate the current tax burden on taxpayers, broaden the tax base and make the District’s tax policy more competitive with surrounding jurisdictions.”
Brown also suggests “regular meetings” between the mayor, council and chief financial officer “to discuss the District’s serious financial issues.” He also says “pressing issues” remain from the veto that need to be worked out.