Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Advocates urge DC to tax concentrated wealth to fund services and housing
Summary
A community organizer and other witnesses urged the Council to pursue progressive revenue options—such as higher taxes on top incomes and capital gains—to fund services for vulnerable residents and address gaps in housing and social supports.
At the Committee on Business and Economic Development hearing, advocates urged the Council to consider progressive revenue measures—taxing capital gains, raising income taxes for top earners and implementing a business-activity tax—to generate revenue for housing, social services and other programs serving low-income residents.
Abby (Abhi) Shakur, a Ward 1 resident and community organizer with Choose United for Justice, and other witnesses argued that tax increases on concentrated wealth would provide the revenue needed to…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
