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D.C. Democratic committee wants to tax the rich

The D.C. Democratic State Committee approved a resolution Thursday night calling on the city council to raise taxes on city residents who earn $200,000 or more a year, about 5 percent of the population.

The resolution, which comes as some liberal advocates are pushing for higher taxes to stave off additional budget cuts, endorses raising the income tax from 8.5 to 9 percent on individuals who earn between $200,000 and $1 million. The committee also supports raising the rate to 9.4 percent on those who earn more than $1 million a year.

Currently, all District taxpayers who earn $40,000 a year or pay an income tax rate of 8.5 percent.

The resolution requests that the council create a fair budget that draws support "from those who are least affected by the recession while protecting and enhancing services to vulnerable populations."

The council, made up of 11 Democrats and two Independents who often voted Democratic, is expected to approve the 2011 budget in late May.

--Tim Craig

By Tim Craig  |  May 7, 2010; 3:37 PM ET
Categories:  Budget , D.C. Democrats & Republicans , Tim Craig  
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Comments

Taxes in DC are a big reason that we left Washington for the suburbs. Noise, crime, so-so services, bad schools... yet we had to pay an insane tax rate to cover what little we get back. This proposal to increase it further (and what, spend more on the same dismal programs?) is a great way to encourage others to follow suit. Kind of a no-brainer.

Posted by: hurricanewarningdc | May 7, 2010 6:45 PM | Report abuse

D.C. taxpayers, voters, and residents are doomed. With illegal immigration being out of control and my middle class black neighborhood is a Salvadoran barrio. I look forward to my death.

Posted by: Ward4DC | May 8, 2010 12:56 AM | Report abuse

It's a lost cause. Move the capital to Boulder, Colorado or Waxahachie, Texas and turn DC over to PG County. They richly deserve one another.

Posted by: Calabrese99 | May 8, 2010 5:36 AM | Report abuse

Every time DC raises taxes, the value of my Northern Virginia real estate increases? I wonder why....

Posted by: HughJassPhD | May 8, 2010 8:59 AM | Report abuse

"Currently, all District taxpayers who earn $40,000 a year or pay an income tax rate of 8.5 percent."

Does anyone edit these articles before they're posted?

Posted by: Aaron20011 | May 8, 2010 10:35 AM | Report abuse

"D.C. taxpayers, voters, and residents are doomed. With illegal immigration being out of control and my middle class black neighborhood is a Salvadoran barrio. I look forward to my death"

_________________________________________

The CBC, NAACP, and elected officials. aren't helping your cause. The #1 group affected by illegal immigration is young blacks.

Posted by: JDB1 | May 8, 2010 11:36 AM | Report abuse

Tim Craig, the next time you publish an article in your blog, please have a friend proof-read it.

Posted by: ObjectiveReader1 | May 10, 2010 11:04 AM | Report abuse

A couplle fo things.

First, the DC Democratic State Committee (DCDSC) is a long-running joke in DC. Nobody takes that body seriously, except for a handful of very political people who seek its offices.

Second, as to the tax issue, DC's taxes are already too high. The DC government's operating budget is over $5 buillion per annum. That's for a city of 600,000 people.

DC is a very liberal place that provides a lot of services for the poor. Nobody argues that DC doesn't try hard enough to help the poor. If you raise taxes on the rich too much, they might move.

Posted by: ObjectiveReader1 | May 10, 2010 11:14 AM | Report abuse

I read somewhere (if I can refind the source I'll post it) that DC has the bigger gap between the rich and poor than any other city in the nation. I've also noticed that there actually are some people who argue that DC doesn't try hard enough to help the poor. http://www.youtube.com/watch?v=3ORtLAYBfWI

Posted by: liane.kay@gmail.com | May 10, 2010 2:33 PM | Report abuse

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