DCFPI, along with other members of the Fair Budget Coalition, believe in a balanced approach to financing our city’s needs in these tough economic times. We need to make sensible choices, which include key investments that will help us toward recovery and future growth.
That’s why we support a package of revenue increases to provide money for job training, child care, and other programs that make our neighbors productive. One proposal is the so-called millionaire’s tax, an increase in the income tax for D.C.’s high earners.
Want to know how it works, and why we should join about 10 other states who have recently implemented such a proposal?
Read DCFPI’s recently published paper on the high income tax!