Progressive Lawmakers Are Considering Raising Taxes On The Rich. Should They?
Well-off Washingtonians could be hit with a tax hike under a proposal in the works that aims to shore up the District’s pandemic-plagued coffers.
Well-off Washingtonians could be hit with a tax hike under a proposal in the works that aims to shore up the District’s pandemic-plagued coffers.
By the D.C. Fiscal Policy Institute executive’s estimates, about 40% of D.C.’s low-income households devoted more than a third of their monthly income to paying rent — the federal standard for determining if someone is “cost burdened” by housing prices.
The pandemic has financially crippled lower-income D.C.-area renters with very little hope of recovery, disproportionately affecting people of color, according to Census surveys.
The D.C. Fiscal Policy Institute article showed that 90% of households most in need of affordable housing are Black and brown and spend more than 50% of their income on rent.
“Child poverty in America is really a national disgrace,” Tazra Mitchell is a policy advisor with the D.C. Fiscal Institute said.
Advocates and legislators have been fighting for years to change the ridiculous renewal process for the DC Healthcare Alliance.
DCFPI is excited to welcome Amber Gruner, our new Revenue Organizer, to the team!
Tazra Mitchell, the policy director of the D.C. Fiscal Policy Institute, has long been frustrated by what she describes as DeWitt’s “overly cautious” fiscal approach — namely, how much money is in the District’s reserve funds.
First in Line, published by the DC Fiscal Policy Institute on February 16, lays out eight recommendations for ensuring an equitable recreational cannabis industry in DC.
On a local level, White households in D.C. have 81 times more wealth than African Americans residents, according to the D.C. Fiscal Policy Institute.