DC Council Passes Ridesharing Tax Increase

The D.C. Council gave final passage on Tuesday to a budget measure that would increase taxes on rides from services like Uber and Lyft.

The gross receipts tax increase will rise from 1 percent to 6 percent, amounting to 60 cents on a $10 ride. It was one in a series of tax increases that will help the District pay for its share of a long-term deal to fund Metro, which is $178.5 million.

Mayor Muriel Bowser initially proposed a 4.75-percent increase, but the Council proposal that got first passage in March raised it to the final level. Bowser indicated she would approve the final measure, according to NBC4.

READ FULL ARTICLE HERE

Recent Deals

Interested in advertising your deals? Contact Edwin Warfield.