Show me the grain levy money,” said D’Arcy.
And he showed it me:
Here we are in March, about 30 days after the election.
There’s a small black dot on the map—a spot where no one pays property taxes. There’s a big purple dot, where only the lowest-income people pay property taxes. That’s where I live.
This was supposed to have been a surprise to those living near here. We expected that the district would move right along, paying off our property taxes and moving on.
But instead of moving on we find ourselves on a hillside, a parking lot. On the hillside, we have nothing except another red dot: the land and tax collections.
The District of Columbia has one of the highest rates of personal income and payroll income taxes in the country, according to tax analysts at the National Association바카라사이트 of Business Economists. Most of the distri바카라사이트ct’s revenue is generated by the property tax. It’s mostly lost on people who are struggling to make ends meet. And by forcing low-income households to pay more for things they could be buying in other parts of the country, the tax cuts will push them out of the urban core, while the high-income residents remain in their suburban districts to face the rising costs.
The property tax cuts only cost the District $2.5 billion over seven years, according to a Washington Post analysis of the city’s tax rates for 2010 to 2015. But it can make life difficult for the residents of many other parts of the city, whose homes, office buildings and garages are already overspent.
“So we are being told by the city of Washington to raise property taxes,” D’Arcy said. “When are we going to see a property tax increase? We’ve been living on a tax hike for the past decade.”
That’s what many in my neighborhood, and others like us, tell me after the $2 billion property tax바카라사이트 cut is implemented. It’ll do some good for us, but many in the district of Washington, I have heard repeatedly in recent months, think it’s going to do more harm than good.
There’s the money from the capital gains tax, the property tax cuts, the tax on the minimum wage, the extra taxes on people living at home; even a new tax on cigarettes.
There’s also the money from a new tax on large investment homes. There’s nothing like the land tax, land tax, taxes on house