Mayor’s Proposed FY25 Budget Would Set Back Progress. DC Council Does Not Have to Follow Suit.
By Erica Williams • May 13, 2024 • Revenue & Budget / Taxes
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Claims that DC Spending is “Out of Control” are Wrong
By Erica Williams • May 13, 2024 • Revenue & Budget
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.
DC Must Grow Revenue and Spending to Pursue More Transformative Change
By Erica Williams • May 1, 2024 • Revenue & Budget / Taxes
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Council Must Choose to Equitably Raise Revenue Over Balancing the Budget on the Backs of Black and Brown Residents
By Tazra Mitchell • April 23, 2024 • Revenue & Budget / Taxes
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The District Can Raise Critically Needed Revenue by Taxing Wealth
By DC Fiscal Policy Institute • February 21, 2024 • Revenue & Budget / Taxes
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How DC Funds Its Public Schools
By DC Fiscal Policy Institute • February 6, 2024 • Early Child & Pre-K to 12 Education
By directing adequate resources to schools and implementing sound budgeting practices, the District can help ensure that all students have what they need to succeed.
Top 5 Percent of DC Earners Pay Lower Share of Income in Taxes than Bottom 95 Percent
By Erica Williams and Nikki Metzgar • January 9, 2024 • Revenue & Budget
Tax advantages for residents at the top privilege white residents—who account for the vast majority of DC’s richest residents—and serve to concentrate their wealth. This comes at the expense of public investments in underserved communities that advance […]
Taxing Capital Gains More Robustly Can Help Reduce DC’s Racial Wealth Gap
By Tazra Mitchell • October 31, 2023 • Revenue & Budget / Taxes
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Better Targeted Property Tax Benefits Would Advance Racial Equity
By Eliana Golding and Erica Williams • October 19, 2023 • Affordable Housing & Ending Homelessness / Revenue & Budget / Taxes
By better targeting property tax benefits, the District could free up revenue to expand much-needed programs.
DC Can Advance Racial Equity and Black Homeownership through the Property Tax
By Eliana Golding • October 17, 2023 • Affordable Housing & Ending Homelessness / Revenue & Budget / Taxes
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 […]
