Raising Revenue Is An Urgent and Practical Approach to Reducing the Harm of DC’s Recession
DC lawmakers need a balanced approach to the recession that includes raising revenue to minimize budget cuts
DC lawmakers need a balanced approach to the recession that includes raising revenue to minimize budget cuts
The US House Budget Committee punted on a vote today to very literally take from people who are poor to give to the rich—a plan which, if successful, will do massive damage to the health and well-being of people, communities, and economies all across the […]
This week, Moody’s Ratings downgraded slightly DC’s triple A bond status. In the face of federal threats and slowing revenue growth, DC lawmakers should make use of a key policy tool well within their control—the ability to raise revenue.
More than 140,000 residents of the District of Columbia are at risk of not having enough to eat if the proposals in Congress to make substantial cuts to the nation’s primary food assistance program are not defeated.
If Congress ultimately follows this plan, many tens of millions of Americans—including hundreds of thousands of DC residents—will not receive the medical care they need, go hungry, and experience increased hardship, all so the rich get richer. DC leaders […]
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By enacting a Business Activity Tax—a new, simple, broad-based value-added tax, DC would make business taxation fairer and more racially equitable while raising significant revenue for the District.
Even while reversing many of Mayor Bowser’s proposed cuts, the DC Council gave initial approval to a fiscal year (FY) 2025 budget that leaves major holes in the District’s safety net, particularly in the areas of housing and ending homelessness.
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While DC government should always pursue effective and efficient spending as a matter of course, common claims that the District needs to “right size” its spending, or that budget growth is out of control, aren’t rooted in reality.