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DC Fiscal Policy Institute
Recent posts by DC Fiscal Policy Institute
DC Put $8 Million More in the Pockets of Low-Income Workers in 2016
Expanded DC Earned Income Tax Credit Is Helping Thousands DC Residents Received $190 Million Combined In Federal And DC EITC in 2016 CONTACTS: Claire Zippel, DC Fiscal Policy Institute, 202-325-8351, czippel@dcfpi.org Joseph Leitmann-Santa Cruz, Capital Area Asset...
Is The District Too Tough On Businesses?
Over the past several years, the D.C. Council has passed progressive legislation raising the minimum wage and expanding the city’s benefits for paid family and medical leave. But now the Council Chairman has suggested the city should take a break on legislation that...
DC Has More to Do to Ensure Residents of Color Can Access Growing Prosperity, Census Data Show
CONTACT: Claire Zippel, Policy Analyst/ 202-325-8351/ czippel@dcfpi.org The latest Census data from the 2016 American Community Survey (ACS) show that the District’s overall economic growth remains steady, yet this growth has not reduced the number of DC residents...
DCFPI Welcomes Hannah Kohanzadeh to Our Team!
The DC Fiscal Policy Institute welcomes Hannah Kohanzadeh as our new Policy Research and Development Associate! Hannah graduated from Occidental College in May 2017 with a B.A. in Diplomacy & World Affairs and a minor in History. These studies enabled her to learn...
DCFPI Welcomes Minahil Naveed to Our Team!
Minahil Naveed’s interest in policy analysis and aversion to skyscrapers has led her to DC—and the DC Fiscal Policy Institute. Minahil is from Pakistan, but has grown up and lived in Indonesia, South Africa, and the UK. She graduated from Bryn Mawr College this year...
Ahead of regional summit, left-leaning policy groups say ‘No’ to a sales tax for Metro
A regionwide one-cent sales tax to fund Metro would have a disproportionate impact on poor families, taking five times the share of income from the bottom 20 percent of earners when compared with those in the top 1 percent, according to a new analysis from a trio of...
Triple Whammy: A Regional Sales Tax for Metro, Like Fare Hikes and Service Cuts, Would Fall Hardest on Struggling Families
A joint report from DC Fiscal Policy Institute, Maryland Center on Economic Policy, and The Commonwealth Institute. A strong Metro system is important to all of us in the Washington region. It is fundamental to a healthy economy and our area’s good quality of life, by...
Sales Tax is an Unfair Way to Fix Metro: New research shows a sales tax has 5 times greater impact on struggling families than on the richest
CONTACT: Ed Lazere, Executive Director, 202-841-0097/ lazere@dcfpi.org A 1 percent sales tax to fund Metro repairs would hit the budgets of the area’s lowest-income families five times harder than those of the richest, according to an analysis released today by the DC...
Fiscal Year 2018 Budget Toolkit
Welcome to the DC Fiscal Policy Institute’s Budget Toolkit! Here you will find resources to help you understand the annual budget process in DC. That includes an in-depth guide and tools to understand the approved fiscal year (FY) 2018 budget. Fiscal Year 2018 Budget...
DCFPI’s Toolkit on the Approved FY 2018 Budget is Here! Understand the FY 2018 Budget in Pictures, Numbers, and Words
With the budget now finalized by DC Council, and the final numbers released in the Council’s budget books, we can tell you what did—and did not—end up in the approved fiscal year (FY) 2018 budget, and what this means for DC residents. Here are a few examples of what...
How a Cashless Society Would Harm the Poor
By the end of the century, it’s likely that huge swaths of the global economy will be cashless. It’s already beginning to happen. The Department of Motor Vehicles in Louisiana ditched cash last year. Boston's transit agency plans to phase out the payment form. The...
DCFPI Welcomes Addison Larson to Our Team!
We’re excited to introduce you to Addison Larson, DCFPI’s new research policy intern! Addison is a West Texas native who grew up in Midland, Texas. She is in DC as a Fellow in the Archer Graduate Program in Public Policy. Addison is a current Master’s student in...
District Of Columbia Slashes Estate Tax
At what level should an individual’s estate be taxed? $1 million? $2 million? $5 million? Back in 2014, the District of Columbia passed a major tax reform deal that included increasing its estate tax exemption amount from its then-$1 million level, once revenue...
Approved DC Budget Includes Important Investments But Tax Cuts Limited the Progress
The DC budget for fiscal year 2018, adopted yesterday on a first vote, includes important investments to protect vulnerable children, support schools, and help residents experiencing homelessness get into a home of their own. Mayor Bowser and the DC Council deserve...
DC’s Economy Is Thriving, Report Finds Business Tax Cuts Aren’t Needed to Make DC Competitive
CONTACT: Ilana Boivie, Senior Policy Analyst / 202-325-8812 / iboivie@dcfpi.org The District of Columbia’s economy is strong, increasingly diverse, and outperforming the rest of the region, according to a new report from the DC Fiscal Policy Institute. These findings...
Groups Tell Council: DC Has Much Higher Priorities than Cutting Taxes for Wealthy Estates and Profitable Corporations
CONTACT: Ed Lazere, Executive Director / 202-325-8811 / lazere@dcfpi.org Organizations that work to address economic and racial disparities in the District called on the DC Council to address large gaps in the proposed FY 2018 budget so that more residents can benefit...
Introducing DCFPI’s Budget Toolkit! The FY 2018 Budget in Pictures, Numbers, and Words
We’ve spent the past few weeks at DCFPI working to understand and uncover the story of Mayor’s Bowser proposed fiscal year (FY) 2018 budget, by poring through budget books and spreadsheets. And we’re happy today to share with you what we found. The DCFPI Budget...
Fiscal Year 2018 Budget Falls Short of “Inclusive Prosperity”
Mayor Bowser’s proposed fiscal year (FY) 2018 budget makes important investments to protect the incomes of vulnerable families with children and to help DC residents cope with rising housing costs. At the same time, the budget reflects a missed opportunity to work...
Mayor’s Budget Focuses on Tax Cuts Instead of Serving Needy Residents, Groups Note
CONTACT: Ed Lazere, Executive Director / 202-325-8811 / lazere@dcfpi.org A number of organizations that work to address economic and racial disparities in the District expressed frustration today that Mayor Bowser’s proposed FY 2018 budget includes $100 million in tax...