DO YOU WANT $85 MILLION IN ALL OUR POCKETS?
My 10 year effort to restore Tax Fairness to Working Poor and Middle Class is now bearing fruit. G. Lee Aikin, Candidate, Council At Large, Statehood Green Party
If you would like to support my efforts, please send a check written for "Elect G. Lee Aikin, to 1754 Swann St., NW, Washington, DC, 20009.
In 1973 when DC obtained Home Rule, our DC income tax Deductions and Exemptions had parity with the Federal IRS 1040 rates. Unlike the Federal rates which increase yearly with inflation, the DC rates only increase when our Council remembers to do so. For almost 40 year the mostly Democrat DC Council has failed to increase them annually. This failure means that for 2013 taxes a family of 4 pays DC taxes on income above $10,800. What a kick in the gut for poor families! With the Federal D&E rates this same family of 4 only pays taxes on income above $27,800.
This Council failure has cost us well over a $billion throughout the years since we got Home Rule. I cannot even begin to calculate the harm this his done to our working poor and lower middle class. Has it been one important factor in forcing people in Anacostia out into Prince Georges County? Think how much money has NOT been available for local spending. Imagine what a difference it will make if we are getting this $85 Million back every year.
The Tax Revision Commission agrees this is grossly unfair. They want to put $85,000,000 back in our pockets annually. We must all lobby Council members or elect Council members to get this done. Here are the current DC rates compared with the Federal rates by family type and numbers.
FAMILY SIZE – Deduction DC Tax Federal Tax D&E's D&E's
Single, under 65 $ 5,775 $10,000
Single, over 65 or blind 7,450 11,500
Single, over 65 & blind 9,125 13,000
Couple, under 65 7,450 20,000
Couple, 1 under 65, 1 over 65 9,125 21,200
Couple, both over 65 10,800 22,400
Couple, both over 65, 1 blind 12,475 23,600
Single, 1 child 7,450 16,750*
Couple, 1 child 9,125 23,900
Single, 2 children 9,125 20,650*
Couple, 2 children 10,800 27,800
Single, 3 children 10,800 24,550*
Couple, 3 children 12,475 31,700
Single, 4 children 12,475 28,450*
Couple, 4 children 14,150 35,600
I should point out that the above chart is by no means complete. *These figures include the additional amounts for "Head of Household" or "Qualifying Widow/er" on the Federal form which apply to one adult caring for dependents. There are other credits and benefits that the very poor may be able to deduct, but this provides a stark overview of how decades of Council neglect have systematically injured poorer people and families. This one simple fix, is worth $85 million a year. Let's get it approved quickly. Lobby Council. VOTE: G. LEE AIKIN
I would also like to pass a bill to allow anyone with a medically certified disability who is as handicapping as a blind person to deduct the same amount as a blind deduction. The federal government should also consider adding this to the 1040 form. From years of experience caring for a husband dying of Alzheimers, I can assure you that in the last 3 years he required more care than a blind person. We have many sick and injured in DC who should be eligible for this tax consideration.
See my other tax posts on this blog for more information on this and other issues. Check the Index posted Sept. 3, 2013. All tax related issues are dated in red.