WASHINGTON -
There are questions being raised Wednesday about tax breaks that may have been given to commercial properties.
The Washington Post is reporting the Office of Tax and Revenue authorized reductions in the amount of taxes to some commercial properties. Those reductions would result in about $48 million in tax revenue.
But the Office of Tax and Revenue issued a statement saying, "We stand by our real property assessment process and, specifically, the assessments of the properties identified in this article."
At a Wednesday morning media briefing, Mayor Vincent Gray said he had not read The Washington Post report.
"I think any amount that we would lose would bother me," said Gray.
The Washington Post reports that the FBI is looking into the matter. An FBI spokesperson told FOX 5 they could not confirm or deny the agency was looking into the issue.
LINK:
Response from Stephen Cordi, Deputy Chief Financial Officer for the Office of Tax and Revenue, regarding Washington Post article
