Modifying or eliminating ineffective tax expenditure programs would be good public policy and would free up revenues to address priorities in the FY 2020 budget.
A property tax cut being considered by the DC Council would cut taxes for DC’s wealthiest homeowners, worsening DC’s already wide racial and economic inequities, according to an analysis by the DC Fiscal Policy Institute.
A property tax cut for wealthy homeowners would amplify DC’s racial and economic inequities.
Mansion taxes can improve the fairness of DC’s tax system and help fund our biggest priorities, such as affordable housing, schools, health care, roads, and other services and infrastructure that drive economic growth.
