The New D.C. Income Tax Hike: Your Take
Yesterday we asked you to weigh in on whether it was fair to raise the income tax for D.C.’s wealthier residents. In an admittedly unscientific poll, 47 percent of readers voted that it made sense to increase the income tax rate by 0.45 percent for people making more than $350,000 year. Check out the results below, and cast your vote if you haven’t already.
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Resentment And Race In Reducing Government
The black middle class has been hit particularly hard by the recession; many of the economic gains earned over 50 years disappeared between 2007 and 2009. The foreclosure crisis, lack of accumulated wealth and the role of a college education in … Read More
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Five Facts About D.C.'s Gap Between Rich and Poor
401kcalculator.org / Flickr The District continues to have one of the largest gaps between the rich and poor. Income inequality in large cities is higher only in Atlanta and Boston. Top earners make 29 times more a year than the … Read More
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