Washington state’s tax system is worsening income inequality
Washington, D.C., followed suit this year and is expanding its credit to match the federal amount by tax year 2026, something no state has done.
Washington, D.C., followed suit this year and is expanding its credit to match the federal amount by tax year 2026, something no state has done.
According to the D.C. Fiscal Policy Institute, early childhood educators, who are predominantly Black and brown, earn a median annual income of approximately $31,950 — barely above minimum wage.
Qubilah Huddleston, a policy analyst with the DC Fiscal Policy Institute (DCFPI) said that the budget actually creates losses for many schools.
Kate Coventry of the DC Fiscal Policy Institute, who is also a member of the city’s Interagency Council on Homelessness, said the new shelter will prove as a test case for how much need there is for a facility like this.
This concern aligns with unfulfilled budget demands from the DC Fiscal Policy Institute (DCFPI), including money to whittle down the voucher waitlist, which currently has 37,000 households.
According to the D.C. Fiscal Policy Institute (DCFPI), 5,000 households have at least one family member who is undocumented, which currently makes them ineligible for the D.C. tax credit.
The expansion of EITC to include undocumented workers with a tax ID number was one of Council Chair Phil Mendelson’s major changes to the mayor’s proposed budget. The initiative would offer a path toward monthly basic income of about $300 to some residents […]
The DC Fiscal Policy Institute, which advocated for the change, estimated that 5,100 D.C. households that include an undocumented immigrant will be able to claim the tax credit
Kate Coventry, a senior policy analyst at the DC Fiscal Policy Institute, testified at a March 31 oversight hearing that the number of newly homeless individuals is likely to skyrocket as people approach a benefits cliff.