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PFI Newsletter: Ignoring My Investments Is Paying Off
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DC Residents Pay Higher Federal Taxes Than Other States?
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WHAT WE FOUND:
City leaders made their case for DC Statehood on Tuesday in front of the Senate Homeland Security and Government Affairs Committee. One common argument for statehood has to do with federal taxes paid by DC residents. DC pays more federal taxes per capita, said Delegate Eleanor Holmes Norton during the hearing. And I will repeat that one. The residents I represent pay more taxes per capita than any state.
This claim has also been made by many on social media, mostly by people advocating for statehood.
Three simple reasons for #DCStatehood:
️ DC’s population is larger than two states.
Tax take for April stood at €670.8 million, a 14.9 percent rise on year, the Tax and Customs Board (MTA) says, with growth mainly fueled by the low starting point, given that April 2020 was the first full month to follow the arrival of the coronavirus pandemic.
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