New Income Tax Rates for High Earners: A Progressive Approach to Addressing DC’s Budget Shortfall
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Recently, we’ve fielded lots of good questions about the District’s revenues, like: How much revenue has DC lost during the recession? Which programs are proposed to be cut in the FY 2011 budget? Which services should we include in a sales tax expansion? To […]
The crushing national recession has brought hardship to many DC families. Unemployment has more than doubled over the past two years and public needs are rising dramatically — but the District has fewer resources to meet those needs because revenues […]
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The DC Council continues its budget oversight hearings and DCFPI and the DC Alliance of Youth Advocates sponsor a budget briefing on the Children Youth Investment Trust Corporation.
On Tuesday, the DC Council took a big step to help jobless DC residents get more assistance — a move that also will allow the District to receive critical federal dollars during these tough economic times. It’s a clear win-win situation.
It is rare that tax incentives end up having the effect they are intended to. The Earned Income Tax Credit — a tax benefit for the working poor — is one of them. That’s why it is unfortunate that Mayor Fenty’s budget would scale […]
While many of the changes coming from national health care legislation will not be implemented for several years, the District is taking advantage of an opportunity to opt-in early to one key part. The early opt-in will improve health care for thousands of DC […]