DC Council Makes Progress but Fails to Raise Adequate Revenue for Critical Programs at First Budget Vote
By Erica Williams and Nikki Metzgar • May 31, 2024 • Revenue & Budget
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Tax advantages for residents at the top privilege white residents—who account for the vast majority of DC’s richest residents—and serve to concentrate their wealth. This comes at the expense of public investments in underserved communities that advance […]
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.
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For Latinas in DC, the picture is less egregious, but still stark. Latinas earn 64 percent of what white, non-Hispanic men do in a year and it takes them nearly 19 months to make up the difference…