We love our city, and we're willing to put our money where our mouth is. Yes: New affordable housing options, job-training programs, workplace rights enforcement. No: Tax cuts for the 1%. Background: DC faces a huge divide between haves and have nots, and many safety-net services are in desperate need of funding. So why are some councilmembers trying to cut taxes on the rich? Scroll down for more information. A campaign of Jews United For Justice.Submit your own pictures or email them to [email protected]
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If you dial 1-866-584-6757, you can leave an audio post for your followers.
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Ezra and Anya are proud to live in a city with great bookstores. They want to invest in DC!
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Jenny appreciates the fountain in Dupont Circle. She wants to invest in DC.
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Katie and Monica dig the Malcolm X Park drum circle on Sunday afternoons. They want to invest in DC.
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Nathaniel loves that we have an inexpensive bike-share program! He wants to invest in DC.
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What do you love about DC? Take a photo with your favorite DC landmarks/parks/people/businesses/public services and share it with #InvestInDC. Submit it here and we'll post it if it's appropriate!
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The present
However, some members of the DC City Council want to move backwards: They want to let the top tax rate expire, AND give the top 1% another break by raising the exemption threshold on the estate tax from $1 million to $5.25 million. Taken together, these unnecessary tax breaks would blow a $40 million hole in the budget.
We need to make sure the council knows we're moving forwards not back!
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The Past
We've made some progress. Before 2011, there were just two income tax brackets: Below and over $40,000 a year. We got a new bracket instituted in 2011 for income over $350,000 at a rate of 8.95%, but it is set to expire in 2015. (Read more about the 2011 campaign).
Mayor Gray removed that "sunset" on the top tax rate in his proposed fiscal year 2015 budget. We applaud the mayor and support this proposal.
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That's not right!
Wait, what? Low income people face a higher tax burden, and are being forced out of their homes by rising rents and failed by schools and job-training programs? That's not right.
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An Explanation (part 2)
At the same time, DC faces well documented crises in affordable housing, public school quality, and unemployment. There are many great people and organizations working to resolve these crises, but they need more funding.
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An Explanation (part 1)
DC's a liberal city, so it must have really progressive taxes, right? Wrong! Low to middle-income residents of the District pay the largest percentage of their income in local taxes (combined local sales, property and income taxes). Meanwhile, the wealthiest DC residents pay some of the lowest rates. Read the full report.
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