October 19, 2026

DC Fiscal Policy Institute: DC Can Raise Nearly $200 Million With a Simple Tax on Proceeds from Wealth

To solve DC’s mounting budget crisis without deepening entrenched racial and economic inequalities, DC lawmakers should tax DC’s extreme concentration of wealth to help turn the fiscal tide.

ITEP Staff

Institute on Taxation
and Economic Policy

ITEP is a non-profit, non-partisan tax policy organization. We conduct rigorous analyses of tax and economic proposals and provide data-driven recommendations to shape equitable and sustainable tax systems.

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DC Fiscal Policy Institute: DC Can Raise Nearly $200 Million With a Simple Tax on Proceeds from Wealth

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ITEP Staff

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DC Fiscal Policy Institute: DC Can Raise Nearly $200 Million With a Simple Tax on Proceeds from Wealth

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Institute on Taxationand Economic Policy

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Promote Fair Tax Policy

Institute on Taxation
and Economic Policy