May 27, 2020 by BFC in Advocacy
We are all in this together, yet our tax policies tell a different story. By asking DC’s richest households, giant corporations, and real estate developers to pay their fair share, we will have more revenue to address budget shortfalls and provide targeted recovery support to those individuals and local businesses who have been hardest hit.
This is not a new challenge stemming from the COVID-19 pandemic. Our tax system and compliance with corporate handouts has long been inequitable, asking too much of middle-class families while those with the greatest resources fail to pay their fair share. As a result, DC has been failing to meet the needs of poor and working-class families, especially the needs of Black and brown families who live East of the River. As the District charts its path to recovery, the budget discussions for Fiscal Year 2021 (and 2020) present an opportunity to center racial equity, and rebuild and recover in a way that creates a better, more equitable future for all of DC’s residents. And that starts with a fairer tax system. By collectively raising the voices of our organizations, our members, and the general public, we can create the necessary pressure to bring new revenue resources to bear to create a #JustRecoveryDC!