Top 5 Percent of DC Earners Pay Lower Share of Income in Taxes than Bottom 95 Percent
[…]
[…]
[…]
[…]
By better targeting property tax benefits, the District could free up revenue to expand much-needed programs.
DC’s single-rate property tax imposes the same rate on $300,000 homes as it does on multi-million-dollar homes. By taxing residential property more progressively, the District would help correct the racist harm of past policies in the tax system and raise […]
[…]
More early educators, most of whom are Black and brown, are poised to see salary increases under a change to the Early Childhood Educator Pay Equity Fund (PEF) that the Office of the State Superintendent of Education (OSSE) announced last week.
Poverty in DC declined in 2022 to 13.3 percent from 16.5 percent the year prior, according to new data from the Census Bureau’s American Community Survey (ACS). This improvement likely reflects a combination of factors including the overall decline in […]
While the myth that increased taxes will drive mass flight of high-earning residents from a state has survived on cherry-picked anecdotes, researchers have disproved this claim many times over.
Everyone who wants to work should be able to find a job. While DC’s average unemployment of 4.6 percent in 2022 is down from 7.9 percent in 2020, the peak during the pandemic, the average unemployment rate masks extreme racial inequity.