The District of Columbia would break from several federal tax code changes enacted this year if emergency legislation introduced Monday is approved by the city’s government.
The bill, introduced by DC Council Chairman Phil Mendelson, would bar taxpayers from deducting overtime and tips on their returns for the city—decoupling from two of President Donald Trump’s key priorities in the GOP tax law he signed in July.
- The bill would also sever from the federal tax law’s business deductions, the deduction of personal car loan interest, and an additional $6,000 deduction for seniors.
- The council is expected to consider ...