Our Fiscal Year 2026 Policy Priorities
Raise the tax rate on capital gains: Capital gains—profit from selling assets like stocks—overwhelmingly flow to the top 1 percent.
Make business taxes fair: Restructure DC’s business taxes by enacting a Business Activity Tax so that corporations operating in the District and benefitting from our economy and services, but currently not paying taxes to DC, contribute to our shared resources.
Help low and moderate income households make ends meet:
Expand the local child tax credit we won last year to at least $1,000 per child, to go to all children under the age of 18, including those whose parents use an ITIN for taxes. This will help end child poverty in the District, especially among Black children and children in families with an undocumented parent, who are the vast majority of children living in poverty in DC.
Expand and automate the property tax credit (known as Schedule H) for low- and moderate-income homeowners and renters so they can better afford to stay in DC.
Implement a Land Value Tax for funding WMATA: WMATA does not have a dedicated revenue source, so transportation for DC residents is constantly under threat. The District should enact a land value (or split-rate) tax on areas within a mile of MetroRail stations to give Metro the resources it needs and channel transit-created land values back into the system that made them in the first place while encouraging transit-oriented development.
Mansion tax: Deepen the progressivity and rates on the highest value homes, to win greater revenue than Chairman Mendelson’s very limited version, passed last spring.
Millionaires tax: Raise tax rates on income above $500,000, and especially rates for incomes over $1 million.