If you were like me, you read this New York Times article about states changing their laws to accommodate "captive" insurance companies–that is, subsidiaries set up by large companies to insure themselves–and wondered wait, isn't that what mayor Vince Gray wanted to do in D.C.? What's the point of creating special tax treatment for insurance [...]
Posts Tagged ‘lawrence mirel’
Last week, at a forum in Adams Morgan, Council chairman Vincent Gray was asked—as he often is—how he would solve unemployment in the District. On top of the usual answers about job training and construction projects, Gray had one most audience members hadn’t heard before: Making D.C. a tax shelter for insurance companies.
Here’s what he [...]