This is political grandstanding. She did the bulk of tax increased via sales & payroll. She applauds herself for thoughtful "efficiencies" but proposed damaging cuts to programs serving DC's most vulnerable, early educators, & schools. The sacrifice was not shared. 1/
.@DCFPI=😀to see 💰for the reparations task force in the budget - but, we must ensure reparations are funded thru equitable revenue raisers (read: taxing wealth), not fines/fees & the sales tax, which disproportionately harm Black residents w/low incomes. https://t.co/gS3FsfK7xA
📢 Important new report via @MikeJohnsonJr_ on the "Hidden Price of Justice" - criminal legal system fines & fees in DC. In every state & DC, people who become involved w/the criminal legal system must pay a host of fines & fees. https://t.co/cZe8xf3VTu🧵(1/7)
Plus, as detailed in the report, lawmakers can take steps to:
🔎Improve Transparency of Fines & Fees
❌Eliminate Incarceration & Supervision-Related Fees
💗Expand Supports for People with Criminal Legal Involvement and Their Families (🧵6/7)
Truth: “It’s hard to get caregiving fairly compensated because for so long Black women did it for free.” - Alexandra Patterson @EconomicSecProj@communitychange
New via @DCFPI: The Council's FY 2025 makes progress on the mayor's proposal, but the Council can and must do more to raise revenue equitably in order to meet the moment.
https://t.co/svdDB6TMP6
Additional revenue can go toward investing in housing & #homelessness. We need more vouchers so that ppl experiencing chronic homelessness can get life-saving housing. &, we must fund rental assistance so ppl can keep a roof over their heads. 🧵5/5
Under the Council's plan, a household w/a $2.6M home would pay only $150/yr in additional property taxes - or, the cost of a meal +🍹for two at a nice DC restaurant. We can do better, & raise millions of $$$ by⬆️property taxes for homes w/a taxable assessed value over $1.5M🧵3/5
Before finalizing the FY 2025 budget, DC Council should vastly improve the property tax proposal & consider raising taxes on incomes above $500K, limiting itemized deductions, & taxing capital gains at a higher rate than income from work. 🧵4/5
New via @DCFPI blog: The @councilofdc's FY 2025 budget makes progress over the mayor's proposal, but the Council must go further on raising revenue equitably. https://t.co/svdDB6TMP6 🧵1/5
“It’s time for the wealthy to pay their fair share… #WashingtonDC should be taxing capital gains… and multi-million $ homes… now THAT would be fair.” -Anne Gunderson, Policy Analyst, @DCFPI
.@TazraMitchell: By forcing the Mayor to replenish reserves more quickly than what DC law requires, the CFO blew a $253.6M hole in the FY25 budget - which is already expected to include deep cuts to address a $900 million gap. 🤯
https://t.co/pbjNllCnQO