TheGridNet
The Pittsburgh Grid Pittsburgh

Pittsburgh City Council member wants to tax the rich to help solve budget crunch

A Pittsburgh City Council member wants to tax the city's richest residents to help maintain services and fix the budget crunch. Pittsburgh City Council member, Barb Warwick, has proposed a 2% levy on the unearned income of the city's wealthiest residents to help maintain services and resolve a budget deficit. The proposal is part of a larger effort by progressive politicians to encourage wealthy individuals to contribute more towards funding programs and balance budgets. Warwick, a Democrat, said the fair share tax would impact the top 20%, but mostly the top 2% of the wealthiest individuals in the city. The tax would also tax things like patents and royalties. However, there are concerns about the ability of a city to retain wealthier residents, as they already pay the most in property taxes and wage tax.

Pittsburgh City Council member wants to tax the rich to help solve budget crunch

Được phát hành : 8 giờ trước qua By Andy Sheehan Andy Sheehan KDKA Lead Investigator KDKA-TV Investigator Andy Sheehan began his broadcast journalism career in September 1992, when he joined KDKA after reporting for the Pittsburgh Post-Gazette for nine years. Andy's forte is the in-depth investigative story, exposing corruption and government waste. Read Full Bio Andy Sheehan trong Politics Finance

A Pittsburgh City Council member wants to tax the city's richest residents to help maintain services and fix the budget crunch.

Pittsburgh Councilwoman Barb Warwick is joining progressive politicians... [2533 symbols]

Read at original source