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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While the national debate on raising taxes on the wealthy rages on, D.C. has already made its move. On Tuesday, the City Council narrowly approved a tax hike on those making more than $350,000 a year. The measure raises the tax rate by 0.45 percent, affecting about 6,000 D.C. residents.
Despite the strong divide in the District between the rich and poor, the debate surrounding a tax hike on wealthier residents is quite contentious, with some officials calling it fair and others characterizing it as lazy government. So, what’s your take on the tax hike? Participate in our poll below — or leave your own answer in the comments below:
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