DC Must Grow Revenue and Spending to Pursue More Transformative Change
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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.
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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 […]
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.
Despite DC Council’s approved fiscal year (FY) 2024 budget investments in key programs, it doesn’t go far enough to meaningfully address stark racial and economic inequities.