Phil Mendelson’s Strategic Tax Cut

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Tax policy is the best lever a local government has for fostering faster economic growth. Council Chairman Phil Mendelson yanked on ours pretty hard. Chairman Mendelson engineered an 11-2 vote in favor of a set of strategically vital business and individual income tax rate reductions. The immediate benefit is economic stimulus. Thousands of DC residents… Read more »Read more

DC’s Two Basic Problems

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The District of Columbia has two basic problems and they’re not unique to the District. These problems exist in cities and states around the country. In short, the District’s economy does not create a sufficient number of living wage jobs; and a significant percentage of its working age population does not possess living wage skills…. Read more »Read more

2014 Q1 Venture Capital Report

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In the 1st quarter of 2014, the greater Washington region received $217 million in venture capital investment, which is down from $314 million in Q4 of 2013. VC investments went to 43 different companies in the region. That ranks 9th overall in terms of investment in different areas of the country, and it accounted for… Read more »Read more

About Budget Autonomy

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By Dave Oberting Economic Growth DC is a strong advocate for both budget autonomy and voting rights for the District, but we also believe in the rule of law. You cannot bypass the Constitution to get what you want, even if your motives are pure. For the uninitiated, the District does not currently have the… Read more »Read more