Mayor Gray still pushing for D.C. tech tax break

D.C. Mayor Vincent Gray still is unhappy about the city council not passing his proposed tech tax break this fall.

In front of an audience of more than 100 of the region business community’s bigwigs on Thursday, he hammered home his belief that the District’s economy must grow by attracting people and businesses with a friendlier commercial environment. His bill would have granted investors in startup tech firms a tax discount on their capital gains: The current tax is about 9 percent; Gray was proposing 3 percent.