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.
DC Council should reject the loosened affordable housing requirements and proposed exemptions from worker protections and tenant rights and add safeguards that ensure responsible use of public dollars.
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The other appointees to the commission are Rahsaan G. Bernard, president of Building Bridges Across the River; Erica Williams, executive director of the DC Fiscal Policy Institute; Yesim Taylor, executive director of the DC Policy Center…
Ed Lazere, the former head of the left-leaning D.C. Fiscal Policy Institute who served on the tax commission in 2013, says Catania ushered through a tax break for tech companies in 2001 that was “a complete waste of money.”
As revenues and the local economy rebound, DC lawmakers must continue to seize opportunities to make the bold investments necessary to further address long-standing racial inequities. This means ensuring that the District continues to take bold steps to […]
They say the tax increase can make a dent; it’s expected to fund 2,400 additional housing vouchers over the next year alone, a four-fold increase over recent years, according to an analysis by the liberal-leaning D.C. Fiscal Policy Institute.